At 5.2% Yield, This Property Tops The Market!
If you’re after a great investment, we have the property for you! With a 5.2% yield on rental income, this property at Lot 656 Yarrabilba, Queensland, beats the suburb’s average yield of 5.1%.
Yarrabilba is a sustainable, planned community that sits halfway between Brisbane and the Gold Coast. As one of the fastest growing suburbs in the region, Yarrabilba’s masterplan expects the population to increase to 45,000 residents in the next 20 years. Today, there are just over 8,000 – making this the perfect opportunity to invest in the future.
A stunning two-level design, this modern home offers downstairs communal living, and upstairs sleep and amenities. It includes 5 bedrooms (optional rumpus for 5th bedroom), all with built-in robes and 2 robes (one walk-in) leading to the master bedroom.
It has 2.5 bathrooms, including an ensuite with double vanity for the main bedroom, and air conditioning for comfort all year round.
The home is presented full turnkey – ready for tenants to move right in. It includes floor coverings and window coverings, safety screens and light fittings, along with:
Stainless steel white goods
Smart Stone bench tops
Outside you’ll find an entertainer’s dream with tiled alfresco and porch area, guaranteed to catch the eye of potential tenants. There’s a double garage that has plenty of space for two cars, or a single car with workshop space, and the property comes equipped with fences, gates, driveway, grass and garden.
This home is a great fit for first time and seasoned investors, with returns of around $470 a week in rent, and $25 a week for Landlord’s Solar (providing Landlord’s Income and cheaper electricity for tenants). The $495 a week total income generates a gross yield of 5.2%.
To top it off, we’re offering:
Single contract REIQ purchase
No repayments during construction
Optional Negotiated Rental Guarantee for first year when purchasing at list price
Optional NRAS, if desired, for a small further investment
An ideal investment property in a booming suburb, this property won’t last.
Get in touch today to find out more!