Are you looking to start or build your property portfolio? When you do the figures on this one you’ll see it stacks up at almost 5.5% gross return! Are you looking for future development? This property is zoned Residential B for units/multi dwelling. Potential plus on this property!!! When investing you want return and tenants, and this property has the potential of a good return and secure tenants in place.
Are you looking to create growth? This high set home has the potential for you to “add” value through building underneath. In doing this you could:
a) Create a dual income property with dual living; one upstairs, one down
b) Create a bigger home therefore demanding higher rent
c) Create a home with more features for future return
d) Demolish the existing home and create a multi-dwelling complex (with council approvals)
This property will always tenant well as it is within walking distance to Morayfield Shopping Centre and local restaurants and shops. The property is located close to buses as well as Morayfield or Caboolture Rail. Local schools are also close by as well as day care centres. Your tenants will also enjoy the location close to parks, the recreational facilities of Centenary Lakes, close to beaches and an easy drive or train ride to Brisbane.
If this property suits you as an astute investor then you should call me.
Sustainability Declaration available on request.