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House for Sale in
Albany Creek, QLD

Offers Over $549,000
4 Beds
3 Baths
2 Parking
  • Land area 0.15 acres / 587 sqm
  • Car Ports 2

Express your interest, request more information, or provide feedback regarding this property.

Quick property enquiry

Investors Dream - Near 9% Return

Property ID 2007238
As good as real estate gets for the investor - we're constantly asked to hunt for listings with potential to pay for themselves & for some buyers the search has almost become a mirage with nothing ever available.

You can stop right here.

With three separate established income streams, a quiet yet highly convenient family friendly location and an affordable price range there is nothing left to do but make your offer and let the cash flow begin.

As per the floorplan, the property is currently set up as follows:

Upstairs Level of the House:
- 3 Bedrooms
- 1 Bathroom
- Polished Timber Floors
- Well Appointed Kitchen
- Separate Entrances & Front Enclosed Balcony
- Currently tenanted on lease $320 per week

Rear Council Approved Granny Flat:
- Modern, Open Plan Studio Setup
- 1 Bathroom
- Kitchen
- Separate Entrance
- Currently tenanted on lease $275 per week

Downstairs Level of the House - Shy of Legal Height:
- 2 Utility Rooms
- 1 Bathroom
- Kitchen
- Tiled, Open Plan Living
- Separate Entrance
- Currently Vacant, Previously Rented for $335 per week. Likely to be tenanted on lease again prior to settlement.

At present, tenants share a communal laundry, the leases are all privately managed by the owner and the owner pays for internet, electricity & water as included within the rent. There is a covered triple carport on site for tenant use.

With current rental potential conservative to more than $900+ week & sure to improve year on year this is a no brainer at almost 9% gross return on your purchase.

Serious offers will be considered, please register your interest with the agent today.

* More photos available on request *
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.