INVESTORS ALERT!

Description

Hidden behind the privacy timber fence is a one in a lifetime family home, ready to welcome a new family.
Neat clean, stylish, extra furniture options.
You reap the benefits of 8 panels of solar power
Pink batts, fibre glass ceiling insulation.
Air conditioners (invertors)
All gas hot water and cooking for economy
Loop Pile wool carpet (less than a year old)
A great functional stylish bathroom
Ceiling fans to 3 bedrooms, lounge
Broadband connection
Floor layout combines a joined lounge & dining area plus a sunken family area that opens to a covered private entertaining deck.
Landscaped with native bird attracting plants
Council Rates only $230 , Water and sewer at $210
The vacant land alone is worth $230,000
The rent value is $355 per week, 2 year guaranteed rent @ $360pw; No vacancy.
Interest only at 5% on $337,000 is $363 per week.
Other outlays: Insurance $17pw, Rates $18pw, Water costs $16pw, Agents fee $29pw,. Plus depreciation benefit on carpets.
Opportunity knocks with a cash flow positive investment in the undiscovered capital growth area of Bracken Ridge where the local median price is $415,000 even during th GFC of 4% and a gross rental assures rent gross yield of 5.6% (with no late tenant payments).
If the tenant does not pay, Peter Campbell pays
Contact Peter Campbell 0418 774 663
OPEN SUNDAY AFTERNOON by prior appointment.