This amazing property was purchased in QLD for Sydney based clients. They are existing property investors who owned one investment property.
It’s a 4 bed, 2 bath and 2 car spaces’ properties on a 600sqm block. It’s located around 38.6 minutes’ drive from the CBD. The market rent is $580 per week.
The property is also zoned for future development.
Surrounding suburbs with properties on much smaller blocks selling for $700k+, so there is potential for capital growth.
Here is what they purchased as part of the Property Twins Buyers Agency
✅ $685,000 purchase price
✅ 4.4% rental yield
✅ 600sqm block
✅ 31.4km to the CBD
✅ Strategy: Capital Growth
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