House for Sale
- About this property
- Explore Chapel Hill
Positive Cash FlowProperty ID 1577856The heading says it all. Rarely does a positive cash flow home hit the market. This is your chance to make money with no effort at all. Our sellers 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 is a large three level home with so much potential. Whether you're an investor, renovator or looking for the large family home, this one will be sold with vacant possession so the choice is yours. Inspect immediately.
Here's the numbers:
Rental Income Per Month: $3080
Less BCC Rates: $1,831 (Approx)
Nett Income per Annum = $35,129 (Call to discuss further)
Built on the ridgeline of Burbong Street, you new home enjoys views over the south east of Chapel Hill. The tenants love the location and the owner's haven't had a vacancy for over two years. From this house, you can walk to the local convenience store, deli, bottle shop, bakery and restaurant. The bus stop direct to the CBD or University of Queensland is only 135m away. Special note: the Legacy Way Tunnel is only 4 minutes drive from here. Super convenient to the CBD and beyond!
A solid brick and hardwood build, this property provides 4 bedrooms plus a study upstairs, a master suite on the middle level and a full self contained studio on the bottom level. Further additions to this large family home are three bathrooms, open plan living, dining and kitchen, balconies off two bedrooms and the living areas, and a large pool that everyone will love. The rental figures look even better for the buyer with a little imagination, and you have every reason to get excited as the peak rental season is coming up when you settle.
- 5 bedrooms including Master Suite
- Self Contained Studio
- Upstairs Study
- Large open plan living
- 3 bathrooms
- Accommodation for two cars
- Block size - 627sqm
- Low maintenance yard
- Large pool
- Bus Stop - 135m
- 8 Solar Panels
- Indooroopilly State School Catchment
- Indooroopilly State High School Catchment
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. Properties like these sell in days, so get your broker on the phone and come to inspect! This one is a ripper!
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.