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1800 600 890

Quality 4 Bedroom Home, 35% Below The Suburb Median Price

Property ID: 19376385
Purchase Price $775K
Rent $550 per week
Yield 3.7%
Suburb Median Price $1.2 Million

Perfect for your Self Managed Super Fund. You make your money when you buy and this 4 bedroom house in a high demand suburb just 5.5km from the Brisbane CBD has huge growth potential.

Zoned for Low Medium Density up to 3 levels but priced $425K below the suburb median, long term growth looks assured. There are already units close by showing the local Council's acceptance of these types of redevelopments.

The house is situated in a great pocket, just walking distance to a Cafe' and Restaurant precinct, Bus stop, Train station and Schools.

Vacancy rates are at just 2.5%, showing the strong demand for housing in this area. Around 2/3 of all housing is owner occupied, there are low rates of public housing (none near this property) and incomes for the suburb are 44% above the state average.


PROPERTY DETAILS

4 Bedrooms
1 Bathroom
Single Lock Up Garage
Hardwood Floors
2 Separate entrances providing the opportunity the have a home business.
408M2 Corner block
Low Medium Density Zoned up to 3 Levels

Bus stop 50m
Private School 200m
State Primary school 550m
Train station 600m
Several Restaurants and Cafe's within 800m
Coles 1.7km
Convenience store 1.7km
Aldi 2.4km
Shopping centre 2.5km
High School 2.8km
Hospital 3km
Shopping centre 3km
University 3.4km
Hospital 4.5km and 4.8km
CBD 5.5km
Largest shopping centre in Brisbane 6.5km
Brisbane Airport 13km

For further details, call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 408m2

Type: Residential, House

Investment Strategy: Capital Growth, Value Add

Gross Yield: 3.7%

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 408m2

Type: Residential, House

Investment Strategy: Capital Growth, Value Add

Gross Yield: 3.7%