Type of Property: House
Reason of Purchase: Investment4 2 2
When this Sydney based investor realised the value, and opportunity in this Bracken Ridge property we jumped on it!
Located in the premium pocket of the suburb south of Phillips Street, this lowset 4 bed 2 bath 2 car home makes for an ideal investment. Purchased before the first open for inspection our industry contacts really benefited our client in avoiding a multiple offer situation and beat the rush of people that where showing interest in the home.
Purchase Price: $565,000
Block Size: 833m2
Proximity to CBD: ~15km
Bed / Bath / Car: 4 / 2 / 2
Rental Return: ~$470 Per week or 4.33% Gross
Notes: This property has been well maintained but also represents some great value adding opportunities as well.