$40,000 Below Bank Valuation Townhouse

$212,000

This stunning property is a 5 year old townhouse - 3 bed, 2 bath & 1 car space, with up to 7.81%+ yield.

It was bought for $40,000 below bank valuation (instant equity), and is only 26km from the Brisbane CBD.

It has a depreciation on average of $4,000 - $5,000 annually, and produces $3,000 - $5,000 positive income after all expenses!