Auction In-Rooms 2/07 @ 5:30PM
Auction will be held at RayWhite Springwood (24/34 Fitzgerald Ave, Springwood)
Register to bid here- https://auctionslive.com/app/bidder-registration/KmEko
Secure immediate cash flow and long-term capital growth with this high-performing investment on a prime, flood-free corner block, directly overlooking a spacious park-perfect for families and active lifestyles. Comprising a main house and a contemporary granny flat, this property generates an impressive combined rental income of $930 per week.
The main house features three generous bedrooms, a centrally located bathroom, a separate toilet, and an open-plan kitchen seamlessly connected to a comfortable living area, creating a practical and appealing environment ideal for attracting and retaining quality tenants.
Enhancing the property's appeal is the self-contained granny flat, just 8 years old, boasting two bedrooms with built-in wardrobes, a modern bathroom, and a spacious open-plan living area. Both properties are thoughtfully separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management.
Brick foundation for minimal maintenance and positioned in a highly desirable location, this dual-income investment offers not just immediate financial returns but significant potential for future capital appreciation. Secure, low-risk, and high-yield opportunities of this caliber rarely remain on the market for long.
Key Details:
• Main House: 3 bed, 1 bath, double garage - rented at $510/week
• Granny Flat: 2 bed, 1 bath, self-contained - rented at $420/week
• Gross annual return: $48,360 p.a.
• Flood-free location ensuring tenant security and insurance benefits
• Directly overlooks a spacious park, ideal for kids to play and families to enjoy.
• Both properties are separated by a newly installed fence and driveway, ensuring complete privacy and hassle-free property management.
• Potential to further enhance rental yield
Main House Features:
• Open-plan kitchen, living, and dining
• Three generous bedrooms
• Outdoor entertaining space
• Double garage and ample storage
Granny Flat Features:
• Modern, open-plan design
• Two bedrooms with built-ins
• Fully self-contained with separate access
Location:
Walking distance to Parks
4 minutes to Mabel Park State School
7 minutes to Springwood Mall
10 minutes to John Paul College
8 minutes to Meadowbrook Golf Club
9 minutes to IKEA
13 minutes to Logan Hospital
25 minutes to Brisbane CBD
40 minutes to GoldCoast
