281k Townhouse with 6.8% Yield

street view of modern free standing townhouse

$281,000

We recently secured this modern 3 bedroom Townhouse for a client. It was purchased off-market for 281k and rents for up to $370 per week which is a rental yield of up to 6.8%.

This property has 3 great sized bedrooms, 2.5 bathrooms (3 Toilets 2 upstairs & 1 downstairs), 1 attached car garage + a private courtyard on a beautiful block just 30 mins to Brisbane CBD and 45 mins to Surfers Paradise.

Our client secured this Townhouse $50,000 below comparable sales.

The property is positive geared, providing a return of up to $7,050.00 per year.

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515k House on 744m2 Block

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605k Duplex with $14,800 cash flow