Currently rented under a 13 month lease this quality rental property would be a great addition to your current rental portfolio. Rented for $340 p/w equating to a 5.5% yield.
But as you know, location is the key to buying property. Other than the 702 m2 land area, this property certainly benefits from its desirable position. Across the road from the Yugambir Primary School, PublicTtransport across the road, minutes away from the Browns Plains High School and the Seven Eleven at Heritage Park.
The home has just undergone a cosmetic renovation with
new floor tiling in the laundry, toilet and bathroom
new toilet
new laundry tub
new shower recess and vanity unit
freshly painted
new laminate flooring in the bedrooms
new door handles, light fittings and fans
Plus the home has a split system air conditioner in the lounge room for the summer months. You can also enjoy the outdoors with the elevated patio overlooking the backyard and the recently installed cubby house for the kids with slide, swings, climbing rope and rock climbing holds.
This is an investors special. Most of the hard work and expense is done. All you need to do is capitalise on the potential.