LOW $300K WITH DEVELOPMENT POTENTIAL & LONG-TERM TENANTS

The Details

Location: West Brisbane

Type: Residential

Purchase Price: $305,000

Expected Rent: $320/wk

Rental Yield: 5.5%

Vacancy Rate: 0.6%

Long term tenants

Huge block with development potential

Located in a substantial growth corridor in South East Queensland

Location primed for growth with big infrastructure spending and diverse employment opportunities

Tightening rental market will increase rents further at next review

Very low maintenance