DEVELOPMENT POTENTIAL ON LARGE BLOCK IN GROWTH LOCATION

The Details

Location: Moreton Bay

Type: Off-Market Residential

Purchase Price: $610,000

Expected Rent: $530/wk

Rental Yield: 4.5%

Vacancy Rate: 1.1%

Why we love this property

Huge level block with a freestanding house and large land component

Development potential

Location prime for capital growth

Tightening vacancy rate will continue to increase rents

Walking distance to public transport and schools