Positive Cash Flow
- 7 Beds
- 3 Baths
- 2 Cars
The heading says it all. Rarely does a positive cash flow home hit the market. This is your chance to make a profit with no effort at all. Our seller's need to let this one go, so you can search and compare but I challenge you to find another residential property with such great returns. This property presents so much opportunity, good two street frontage and a home that can be set up for multiple families. Whether your are an investor, renovator or looking for the large family home, this is a license to print money so come and inspect because offers are being presented straight away!
Here's the numbers:
Rental income per annum $39,000
BCC Rates: $1700 (Approx)
Nett Income per annum = $37,300 (Call to discuss this further)
Chapel Hill is set to fly with low interest rates and the new Legacy Way making the daily commute a breeze. Never has the inner western suburbs been impacted so positively by access infrastructure. Why wouldn't you get excited. Here at number 4 you are also close to Shops, Transport and some of the best schools in Brisbane. The address is a quiet cul de sac, surrounded by high quality established homes. From here you are 200m from direct transport to the university or city. Tenants love the location as this property has never had a vacancy in the past 24 years.
A solid weatherboard and hardwood build, this home provides of six oversized bedrooms and a seventh downstairs, multiple living areas, three bathrooms, a large kitchen and multiple balconies and entertaining spaces. The figures could look even better for the buyer with a little imagination, and with the peak rental season coming up just after you settle, you have every reason to get excited!
With a double street frontage, even the land itself has potential, perfect for a dual occupancy as the house already has that potential. With a 20m frontage you may have the opportunity to develop down the track. The yard is fully fenced and low maintenance. This is your chance to buy now and profit from day one then develop in the years to come and capitalise on the high demand for large homes in such a sought after location.
A quick summary:
- Potential to develop later (ask me how)
- 6 bedrooms in total plus a seventh (not legal height)
- Multiple living areas
- 3 bathrooms
- Accommodation for two cars
- Block size - 674sqm
- Double street frontage
- Bus stop - 100m
- Indooroopilly State School Catchment
- Kenmore State High School Catchement
If you are looking for a safe, predictable and secure means to grow your personal wealth then this should be at the top of your list. Chapel Hill is set to fly, so get your broker on the phone and come to inspect! This one has to be sold.
- Air Conditioning
- Built-In Wardrobes
- Close To Schools
- Close To Shops
- Close To Transport
- Double Garage
674m² / 0.17 acres
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