Purpose of Purchase: Investment
Property Type: 4 Bed/ 3 bath/2 LUG Two level cavity brick home, 607msq block
Purchase Price: $640,000
Yield & Rental Info: Rented at $585 p/wk resulting in a yield of 4.7% on purchase price.
Annualized growth of 4.5%
- Low maintenace property required but good rental and growth prospects
- Good School catchment
- Within 15kms CBD
The repeat overseas investor client wanted a house located in a good school catchment area within 15 kms from the CBD. This property is only a short walk to Aspley Primary school and a number of private schools on the doorstep.
Situated on a 607sq block of land and on a quiet street surrounded by large quality homes and a small walk to a nearby park.
The property is semi renovated internally but also has the ability to add significant value if desired.
A classic set and forget property in a great location and a high growth suburb