Camp Hill
Camp Hill, QLD 4152

This residential property located in Camp Hill is a rare highset brick house built in 1980, offering a solid and classic construction style. The home features three bedrooms, two bathrooms, and two parking spaces, making it an ideal family residence or investment opportunity.

The property sits on a generous land size of 679 square meters, providing ample outdoor space for gardens, entertaining, or future extensions. It is situated within the catchment area for White Hill State College, offering access to reputable educational facilities.

Purchased in March 2024 for $1,460,000, this property was acquired below the initial budget guide of $1.5 million, demonstrating a well-negotiated deal. The investment yields an impressive rental income of $850 per week, which is the highest rental rate among comparable listings in the suburb, highlighting its strong rental appeal and potential for steady cash flow.

The client behind this purchase is an interstate business owner seeking properties with good capital growth prospects in desirable suburbs close to the city. This purchase adds to their portfolio, which already includes six properties managed by the same property management team, indicating a trusted and ongoing relationship.

Overall, this Camp Hill house represents a valuable investment opportunity combining solid construction, excellent location, strong rental yield, and potential for capital growth. Its features and strategic purchase price make it attractive for investors looking to expand their property portfolio in a sought-after Brisbane suburb.