Type of Property: House
Reason of Purchase: Investment3 1 2
You know those houses that you walk into and think, “this reminds me of my grandparents house”? Well that was our first impression when Zoran stepped foot into this great low set brick property on Brisbanes Northside suburb of Bracken ridge.
This property has been well cared for its entire life, being owned by one family since its construction in the 70’s. Our interstate investor was looking for a solid low maintenance investment which also had value adding potential for the future and we found it in this property.
Purchase Price: $437,500
Rental Return: $400 – 420 Per week Or around 4.8% Gross
Bed/Bath/Car: 3 / 1 / 3
Block Size: 607m2
Proximity to CBD: ~15km
Notes: Opportunity to build in the garage and convert to a fourth bedroom En-suite and Walk in Robe
Want to find out more? Talk to our investment property buyers’ agents in Brisbane now!