This amazing property was purchased in QLD for Sydney based clients. They are existing property investors who own a couple of properties between NSW and QLD.
It’s a 4 bed, 2 bath and 2 car spaces’ properties on a 450+sqm block. It’s located around 41 minutes’ drive from the CBD. The market rent is $500 per week.
Newer estates close by have properties on much smaller blocks selling for $600k+, so there is potential for capital growth.
Here is what they purchased as part of the Property Twins Buyers Agency
✅ $491,000 purchase
✅ 5.20%+ rental yield
✅ 450+sqm block
✅ 44km to the CBD
✅ Strategy: Capital Growth
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