Type of Property: House

Reason of Purchase: Investment

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Our time poor, Brisbane local clients were lucky enough to secure this property off market. The home is neat and tidy and very rentable as is, there will be some minor post settlement works but will be advertised for rent upon settlement.

With scope to turn the property into a 4 bedroom, 2 bathroom home in the future, there is plenty of potential to manufacture Capital Growth over and above the organic growth we are currently seeing in the Brisbane market.

Given the block size and proximity to the Aspley shopping centre this property potentially holds some future development potential as well which is a great upside. Within 200m of a shopping centre of this size the minimum lot size for subdivision is 300m4 with this being 622m2 it ticks that box. *Pending Council Approval*

Fast Facts:

Price: $750,000

Rental Return: $500

Block Size: 622sqm

Proximity to CBD: Under 10km