Off-market low maintenance 4/2/2 on 500M2 block

The Details

Location: West Brisbane

Type: Off-Market Residential

Purchase Price: $320,000

Expected Rent: $360/wk

Rental Yield: 5.85%

Vacancy Rate: 1.5%

Why we love this property

Very low maintenance

Positive cash flow

Great depreciation – built late 2000’s

Location primed for growth with big infrastructure spending and diverse employment opportunities

Tightening rental market will increase rents further at next review

Owner-occupier appeal with a fantastic family-friendly park at end of the street