$228,500

This 3 bedroom, 2 bathroom, and 1 car space modern townhouse was secured for just $228.5k and was an urgent distress sale. It was previously bought for $350,000.00 off-the-plan and is located only 26km from the Brisbane CBD.

It has a massive 8.20% rental yield and produces $4,200.00 - $5,000.00 in positive income after all expenses. The property was also $30,000.00 under comparable sales and is very low maintenance.