Highest performing investment property in Bellmere!
Cash flow positive investment with ability to strata-title and manufacture capital growth.
* 220SQM building on 622 SQM of land.
* Unit 1: 3-bed, 2-bath, 1 garage Unit 2: 2-bed, 1-bath, 1 garage. Total: 5-bed, 3-bath, 2-kitchen, DLUG.
*Dual occupancy and can be strata-titled within 12 months STCA. Average valuation uplift from strata-titling is typically between 50 – 100k. This provides the deposit for the next property in your portfolio removing the need to save it or wait for market growth.
*Price 480k. Full-turn-key package nothing left to spend.
*Rental appraisal $570 p/w.
*Cash flow positive from year one approx. $50 p/w in year 1 increasing to $130 p/w in year 5.
*Located in the top 10 projected growth postcodes in the Brisbane metro area by independent professional research group – Residex.
*Projected to double in value in 9 years.
If you would just like to purchase a block of land please contact listing agent.