400K Townhouse with a 6.5% Rental Yield

$400,000

Purchased for 400k, this Townhouse rents for up to $500 per week. Its rental yield is 6.5%!

Similar properties in the same location were purchased for $450,000, making this property $50,000 below comparable sales!

The Townhouse contains 3 bedrooms, 2.5 bathrooms (3 toilets- 2 upstairs, 1 downstairs) and 1 car garage + off-street separate parking with living spaces downstairs and bedrooms upstairs.

It's located in close proximity to two of Queensland’s finest Cities - just 22 minutes from Brisbane CBD and 45 minutes to Surfers Paradise. The property also has private and public schools shops, doctors, dentist and major infrastructure located nearby.

Previous
Previous

550k 4 Bed Duplex Built In 2020

Next
Next

550k Duplex Bought $50,000 Below Market Value