If you have been searching for a property that has an amazing rental yield yet still has the potential for a great return on capital growth then stop here and keep reading. This property is the perfect starting point for a first time investor or a seasoned professional looking to add to their expanding portfolio.
Featuring 3 bedrooms. The master is an exceptionally good size with a modern en-suite and double built-in wardrobe. Bedroom 2 & 3 are both double size rooms with built in robes. These two rooms are serviced by a well sized main bathroom including a laundry tub. All bedrooms have ceiling fans.
The large open plan living area is air-conditioned and features a modern kitchen with quality stainless appliances. It is a versatile space that offers access via a glass sliding door with security screen to the units very own private undercover alfresco and garden courtyard.
As an absolute perfect scenario for investors, this property has a long standing tenant in place paying $380pw in rental income. Their lease agreement is valid until August next year giving fantastic peace of mind.
The locality is second to none being only minutes walk to local shops, local schools and transport on your doorstep. The central shopping hub of North Lakes Westfield is a mere 5min drive as well as access to the motorway to head either south to the Brisbane CBD or North toward the Sunshine Coast.
“What the Owner Says”
This property has been a family investment and has given us fantastic returns and great cash flow during our ownership. We have had a brilliant tenancy in place and whilst we would love to keep it, other opportunities have presented themselves which see us looking to bring the property to market.
We feel that this property represents fantastic value for a fellow investor looking to either start or add a cash flow positive property to a new or existing portfolio.
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