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Overview
Boronia Heights
This property is a dual living house located in a peaceful and serene neighbourhood of Boronia Heights, Queensland. It features a spacious layout with five bedrooms, three bathrooms, and parking space for two vehicles, making it ideal for families or investors seeking a versatile home.
The residence is conveniently situated close to local shops, amenities, and schools, providing easy access to everyday necessities and educational facilities. The property sits on a land size of approximately 450 square meters, offering ample outdoor space for various activities or potential future enhancements.
Investors will appreciate the strong rental yield, with a current combined rental income of $900 per week, translating to a gross rental yield exceeding 5.59%. The property's estimated valuation has recently increased to just under $900,000, reflecting positive capital growth potential in this sought-after area.
The purchase was completed in February 2024 at a price of $837,000, well below the initial budget of $900,000, representing a valuable opportunity for the buyer. The property is suitable for those looking for a positive cash flow investment with solid prospects for capital appreciation.
Overall, this dual living house offers a compelling combination of location, size, and investment potential, making it a desirable option for both owner-occupiers and investors seeking a quality property in Boronia Heights.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Boronia Heights QLD 4124
Market Insights for Boronia Heights QLD 4124
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
