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Investment purchase in blue chip suburb of BRISBANE

North Brisbane, 3km to CBD

211Unit

Current price $570,000
Purchased price $515,000
Purchased when 2024-04-01
Rental price $550
Gross rental yield 5.55%

Located in the heart of Brisbane, this property was purchased as an off-market deal with an undervalued price of $55,000. The unit is situated in an older building but has been well-renovated and is ready to be leased. The property is within walking distance to the train station and is 3km away from the CBD.

Due to its prime location and high potential for returns, this property represents a great investment opportunity with both rental yield and significant potential for capital growth.