330k Townhouse Bought $40,000 Below Market Value

$330,000

This Townhouse was secured for 330k which is an incredible $40,000.00 under comparable properties sold & properties on market.

At 330k, this property can be rented for up to $400 per week, which is a 6.3% rental yield.

It's just 26 km to Brisbane City, located in the high growth corridor between Brisbane & Gold Coast. It's close to major infrastructure, shops, restaurants, schools, etc.

The Townhouse features 3 great sized bedrooms, 2 bathrooms, 1 car garage + off street separate parking with good size courtyard.

This property offers some tax depreciation benefits being 10 years old, and a positive cash flow of $2,480.00 - $4,560.00 per year after all expenses.