ENTRY LEVEL INVESTMENT IN SUBSTANTIAL GROWTH CORRIDOR
The Details
Location: South-East Queensland
Type: Residential
Purchase Price: $320,000
Expected Rent: $400/wk
Rental Yield: 6.5%
Comparables: $400,000
This property was valued 3 months later for $425,000!!!!!!!
Why we love this property
Entry level investment
Positive cash flow
Located in a substantial growth corridor in South East Queensland
Extremely tight rental market
Already tenanted when purchased
Low maintenance property