Ipswich - Basin Pocket
Investment property purchased for $500,000!
→ Splitter Block!
→ 857m2 Over 2 lots!
→ 4.6% Yield!
Traditionally our team focus more on the inner and middle ring of Brisbane. But with the average house price over $800,000 there are very few low budget options for investors looking for a house with land.
This investment property was found in Ipswich, regarded as an up and coming area within South East Queensland, and offering a lower entry level price point with a strong rental yield.
Already sitting over 2 lots and with no protection of the current dwelling, my clients can sit on the dwelling AS IS, and develop in the future.
Thanks To
Solicitor; Fiona Allen from Dore & Webb Lawyers
Building and Pest inspector; Mark Eve from Guidance Building Services
Selling Agent; Neil Mundy of Ray White Ipswich
Property Info
→ 83 Blackall street, Basin Pocket
→ House
→ 3 Bed, 1 Bath, 4 Car
→ 2km to CBD ( Ipswich)
Investment
→ Purchase = $500,000
→ Rental Return = $450 Or 4.68% Gross
→ Quiet Street, Flood Free, Clean site
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Contact our experts today to get started.