SoldOct 6, 2015

1 Watego Crescent, Ormeau Hills, QLD, 4208

Amount undisclosed

4
2
2
800 m²

House

30+ days on the market

Sold: Oct 6, 2015

What's around 1 Watego Crescent

Seize this opportunity as not many of these come up

Work in the city and surf at some of Australia’s best beaches every weekend. A quality property positioned only 3 minutes to the M1 and right in the middle of the booming Pacific Corridor between the Brisbane CBD and the Gold Coast. Realistically priced for an immediate sale with serious sellers. Buy today and you will pay considerably less than the current owners did during the last SE Qld market peak. We all know that Sydney is booming and as prices head north in the southern states so do the buyers as entry levels become out of reach for the average investor. The media is spruiking SE Qld as Australia’s hottest moving property market at the moment and it’s only getting better – you’ll need to be quick, there is money to be made here. For the investor the rental return is $530 - $540 per week and at today’s interest rates this represents a neutrally geared investment property with a healthy 5.5% yield. Other features of this lovely solid home are: • Established family home or great investment • Neighbouring properties recently selling for mid $500’s • Unusually large 800m2 private corner block • Predominately owner occupied area • Air con in the lounge room and master bedroom • In ground pool with LED lighting and spa jets • Large, under roof outdoor entertaining area • Large lounge room • 4 bedrooms, master has ensuite with extra-large shower • Great modern kitchen with dishwasher and natural gas cook top • Walk in robe • Tiled living areas for easy maintenance All the stars are aligned: record low interest rates; a property market moving from the bottom base and on the rise; less than 1% vacancy rate for rentals and a medium house price that is one of the most affordable in Australia.

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