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Overview
Thornlands
This residential property located in Thornlands is a well-maintained lowset house built in 2017, offering a comfortable and practical living environment. The house features four bedrooms, two bathrooms, and two parking spaces, making it suitable for families or investors seeking a stable rental income.
The property sits on a land size of 423 square meters, providing ample outdoor space for various activities or potential future enhancements. Its location offers easy access to local schools, shopping centers, parks, and major highways, ensuring convenience for residents in their daily commute and lifestyle needs.
Since December 2023, the property has been rented at $750 per week, delivering a gross rental yield of approximately 4.6%. This reflects the property's strong investment potential, combining decent capital growth prospects with stable rental returns. The current estimated valuation has appreciated to early to mid $900,000, indicating positive market performance since purchase.
The client behind this purchase is an interstate investor seeking a property that requires minimal maintenance while providing reliable income and capital growth. The acquisition was secured well below the market price, resulting in a highly satisfactory outcome for the investor.
Overall, this Thornlands house represents an excellent opportunity for investors looking for a quality asset in a desirable location with proven rental demand and growth potential.
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
Thornlands QLD 4164
Market Insights for Thornlands QLD 4164
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.
