If you're searching for a reliable investment property, this well-positioned home in a sought-after location is exactly what you're looking for!
With the potential for future growth in a thriving suburb like Mount Warren Park, this property is positioned for capital appreciation. Whether you're seeking a secure long-term investment or a future home, this property offers excellent value and growth potential.
The suburb benefits from its convenient locations approximately halfway between Brisbane CBD and the Gold Coast. Located no more than a 10 minutes drive from local schools, shops, parks and major transport links.
Currently rented at $500 per week with the same tenants in place for 11 years, this property showcases stable rental income and a track record of reliable tenants. The tenants' long-term occupancy highlights the property's strong appeal and stability in the rental market.
The sellers are open to a longer settlement period, offering an ideal opportunity for owner-occupiers to purchase and move in within 6 months of the settlement date. This extended timeframe ensures eligibility for first-time home buyer grants and other homeowner benefits, making it an excellent choice for those looking to transition from leasing to owner occupying.
Property features include:
Built in 1993
626m2 block with no easements
Well-appointed kitchen
Open plan dining
Separate lounge room with split air-conditioning
Master bedroom with a walk-in robe and ensuite
2 additional bedrooms
Main bathroom with separate toilet
Separate laundry
Large outdoor entertaining area
Additional outhouse
Double lock-up car port
Sheltered veggie garden
Garden shed for additional storage
2x 50,000L water tanks
7x 1,000L water tanks for gardening
Council and water rates combined approximately $1,000 per quarter
Currently rented at $500 per week until 29/09/2025
Whether you are looking to capitalise on the consistent rental return or take advantage of the suburb's growth trajectory, this property offers a secure entry into a thriving market. Take the opportunity now to secure a home in a suburb set to benefit from sustained growth in the coming years.
Property ID: #R2-4367383