5-YEAR-OLD HOUSE FOR $410,000!

The Details

Location: North Queensland

Type: Residential

Purchase Price: $410,000

Expected Rent: $480

Rental Yield: 6%

Vacancy Rate: 0.5%

Why we love this property

Negotiated $15 000 off the asking price due to good relations with the selling agent

Positive cash flow

Extremely high rental demand for this type of property

2km from CBD