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Overview
Situated in the growing suburb of Griffin, this property represents a prudent investment opportunity, offering immediate rental returns secured through a lease until June 2027.
The home exhibits a thoughtfully designed layout that emphasizes functionality and low maintenance. With an open-plan living and dining area adjoining a well-appointed kitchen, enhanced by a separate butler's pantry providing practical storage and direct access to the double garage and laundry, the home supports efficient daily living and entertaining.
Provisioned with four generous bedrooms featuring built-in storage and complemented by two bathrooms, the property caters well to families or tenants seeking comfort and convenience. Additional living needs are met through a second living/media room, allowing flexibility for private or communal leisure.
- Current tenancy returns $730 per week, guaranteeing steady income.
- Modern, low-maintenance design suitable for long-term investment.
- Covered outdoor entertaining area provides a pleasant extension of living space to enjoy Queensland's climate.
- Secure double garage ensures ample parking and storage options.
- Air conditioning enhances comfort throughout the home.
- Convenient location close to local amenities and transport facilitates ease of lifestyle.
This property is particularly appealing to investors seeking a secure, income-producing asset without immediate management concerns, thanks to the existing lease structure. The combination of modern conveniences, layout flexibility, and location underscores the property's long-term value proposition.
Local Market Insights
In Griffin, Quiet Listings observed 50 new houses entering the market over the last 30 days, down from 69 during the previous 30-day period, with an average advertised asking price of $1,091,440. The property type mix of listed properties is predominantly Houses at 75%, followed by townhouses (21%), and units (3%). The most active agency for houses in the Griffin area is currently Ray White, representing 24% of new listings, followed by Image Property with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| By Negotiation | |
| For Sale By Negotiation |
Location
Griffin QLD 4503
Market Insights for Griffin QLD 4503
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