Positive Cash Flow Investment

Wallum Street, Peregian Springs, QLD, 4573

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From $653,000

Property Description

South East Qld
Purchase Price $652,964
Rent $460 + $300 = $760 per week (Estimated)
Gross Yield 6.05%


Add to your portfolio a great positive cash flow property in a location projected to be one of Australia's best performing regions over the next few years. Surrounded by national parks, high end homes, waterways and just 3km from some of the best beaches in the country this estate is in the perfect location to take advantage of the current growth cycle.

The State Government plan that limits the amount of new construction in the area over the next 20 years will make this area even more exclusive and in higher demand.

Within a 7 minute drive your tenants will find Schools, Childcare, White Sandy Beaches, Restaurants, Cafe's, Supermarket, Parks, Walkways, Bikeways, Medical Centre, Golf Course and Bus Stop.

It is no wonder vacancy rates are at just 2.2%.

Within a 20 minute drive there are 2 Hospitals, the largest Shopping Centre in the region and Airport with plans for expansion.

PROPERTY FEATURES

Each unit has;

Kitchens have Stone bench tops, Gas cooktops, Soft close drawers, Multi function Oven, Rangehood and Stainless steel Dishwasher.
Open plan living and dining area with split system air conditioning;
Main bedrooms have split system Air conditioning;
Ceiling fans in other bedrooms;
Undercover Alfresco area;
Internal access from garage;
Remote control garage doors;


Unit 1 has 3 Bedrooms, 2 Bathrooms including ensuite and a Double lock up garage, while unit 2 has 1 Bedroom, 1 Bathroom and a Single lock up garage.

This property is turnkey, meaning Landscaping, Fencing, Window Blinds, Clotheslines, Letterbox, Hot water systems and termite Protection are all included.

For further details call Matthew Barnes on 0430 979 900.

This property is part of the We Find Houses Direct range of properties so no buyer's agency fees apply: https://wefindhouses.com.au/invest/direct 

Property Data

  • Strategy Type House & Land Packages Real Estate
  • Yield Gross 6.05%
  • Property Type Project
  • Estimated Rent $760 Per Week
  • Council Rates $2800 Per Year
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  • Water Rates $-
  • Length Land -
  • Strata Rates $1450 Per Year
  • Width Land -
  • Title Type Torrens Title
  • Total Floor Area -
  • Total Land Price $-
  • Total Build Price $-
  • Land Price $-
  • Build Price $-
  • Contract Type Land + Build
  • Builder -
  • Builder Wholesale -
  • Developer -
  • Builder Retail -
  • Developer Land only -
  • Builder Aggregator -
  • Completion Date -
  • Internal Area -
  • Conjunction Partner We Find Houses
  • External Area -
  • Land Reg. Date Nov 2017
  • Date Listed 26/06/2017
  • Property ID 785

Property Features

  • Internal
  • Air Conditioning
  • Balcony/Patio/Terrace
  • Bath
  • Broadband
  • Built-ins
  • Dishwasher
  • Ensuite
  • Modern Bathroom
  • Modern Kitchen
  • Pay TV Enabled
  • Remote Garage
  • External
  • Courtyard
  • Entertainment Area
  • Gym
  • Secure Parking
  • Shower Facilities
  • Swimming/Lap Pool
  • Tennis Court
  • General
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  • Security
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  • Location
  • Close to Parklands
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Lifestyle
  • Beach/Coastal Property
  • Golf Property
  • Nature Property

Property Documents

Map