Property Type: House
Price: $343,000
Investors listen up! We have an opportunity that you won't want to miss…
This 3 bed, 2 bath, 2 garage property located close to the highway is already tenanted, meaning the income will be coming in straight away. The current tenants have been calling this place home for 5 years and have a lease until October 2020. Currently they are paying $355 per week, with rent being paid on time and the property being maintained beautifully, caring for it as though it was their own.
With a large open plan living and dining area, and a separate study nook, the property can easily accommodate the large demographic of tenants in the area. The sizeable backyard and concreted patio area will give this property an edge over others in the area, with families looking for space.
Other draw-cards for this property include:
- solar electricity
- recycled water
- side access
- walking distance to Morayfield East State School
Currently Morayfield is experiencing a vacancy rate of about 1.9% and according to market indicators median rent for a 3-bedroom house is sitting at $330 per week, the condition of the property and above mentioned draw-cards are key to its higher rental yield.
Contact Chris or Aaron today for further information.
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