- UPSTAIRS 3 bed 1 bath
- DOWNSTAIRS GRANNY FLAT (fully self-contained) 1 bed 1 bath 2 car (DLUG)
- Large 680 square metre corner block
RENT – YIELD:
-It is currently rented for $500/w to long term tenants
– It is showing a 5.84 % gross rental return.
– It is Cash flow positive by $11 per week (including depreciation)
– It is Cash flow negative by $19 per week (excluding depreciation)
POSITION:
- 3 minutes walk to the local bus stop.
- 5 minutes walk to Kingston train station.
- 35 minutes to Brisbane CBD (equivalent to Paramatta in Sydney)