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1800 600 890

Suitable For Your SMSF, Dual Income & Positive Cash Flow

Property ID: 19209705
Purchase Price $485K
Rent $340 + $240 = $580 per week
Yield 6.22%
Completed
Western Brisbane Metropolitan Region

Less than $500K and Positive cash flow from day 1.

Rarely found dual income property that is completed and already has a tenant in place.

Meets the SMSF requirement of a single contract.

PROPERTY FEATURES

Colorbond roof.
Kitchens includes Stainless Steel multifunction Oven, slide out Rangehood and Dishwasher plus laminate benchtops and ceramic Cooktop.
Ceiling insulation.
Sisalation (high quality Foil Insulation) to external walls.
Weather stripping to external opening doors.
Off peak electric hot water systems for each unit.
Water pressure limiting device on both units.
Compact internal energy efficient lights.
Underground single phase electricity
Sealed exposed aggregate driveway and path to front door.
Full turfing.

Unit 1

* 3 bedrooms all with built in robes;
* 2 Bathrooms, including en suite to the master bedroom;
* Open plan living and dining area;
* Separate laundry;
* Single lock up garage;
* Alfresco area under the main roof;

Unit 2

* 1 Bedroom with built in robe;
* 1 Bathroom;
* Open living, dining and kitchen area;
* Laundry;
* Single lock up garage;

* 2.5km to the local shopping centre with over 30 stores including Woolworths;
* Less than 5KM to 2 hospitals;
* Less than 7km to the University Campus
* 4km to a train station with direct access to Brisbane city;
* Less than 5km to the CBD;

THE LOCATION

The population of this region is forecast to more than double in the next 15 years, bringing an additional 75,000 jobs to the city. An additional 120,000 jobs are expected to be created within 45 minutes drive to this location.

There is currently $4 Billion in infrastructure investment either under construction or planned for this city.

These factors have positioned this location for strong capital growth over the coming years. 

Vacancy rates in this suburb are at just 1.4% and have consistently been around or below 2% for the last 2 years (2 - 3 % vacancy rate is seen as a balanced market).

Call Matthew Barnes on 0430 979 900 for further details.

Please note, internal images are not yet available. Photos provided are from previous constructions of the same style of property by the builder.

This property is part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 422m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.22%

Estimated Cash Flow: $32 Positive Cash Flow Per Week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 422m2

Type: Residential, House

Investment Strategy: Positive Cash Flow

Gross Yield: 6.22%

Estimated Cash Flow: $32 Positive Cash Flow Per Week