Investor's Dream: Low-Maintenance Property Generates Strong Yields with Ideal Location

The Details

Location: Northern Queensland

Type: Residential

Purchase Price: $472,500

Expected Rent: $500/wk

Rental Yield: 5.50%

Vacancy Rate: 0.5%

Well positioned property in a tightly held suburb

Long term and sustainable growth

Low maintenance, set and forget investment

Strong yield

Low Vacancy rates are sitting low which usually indicates an increase in rent