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Overview
Low-Maintenance Investment with Established Tenancy in Griffin
Situated in a peaceful residential area of Griffin, 32 Cardamom Close offers a balanced opportunity for investors looking for immediate income and long-term rental potential. This modern home is set on a low-maintenance 336 m² block and features a practical layout with four bedrooms and two bathrooms, along with double car accommodation, making it a desirable option in the local rental market.
The property is currently leased until the end of August, with reliable tenants who are interested in staying, ensuring a smooth transition and minimizing vacancy risks for the new owner. The functional design and manageable upkeep make this property easy to maintain, appealing to both families and long-term renters.
Key features of the property include:
- Four spacious bedrooms, including a master with an ensuite
- Two bathrooms designed for everyday use
- Double car accommodation
- Tenant-friendly floorplan
- Low-maintenance 336 m² block
- Currently tenanted with strong rental continuity
Investor insights:
The property is currently rented at $660 per week until August 23. Houses in Griffin with four bedrooms have shown an annual growth of approximately 10-13%, driven by strong family demand. Rental demand remains robust, with expected rents between $680 and $720 per week, providing an estimated yield of 3-4% for investors.
Location highlights:
- Quiet residential street
- Proximity to local schools, shops, and essential amenities
- Easy access to major transport links and arterial roads
- Strong demand area in Brisbane's northern growth corridor
For more information or to arrange a viewing, please reach out.
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 |
|---|---|
| Offers Over $949,000 | |
| For Sale |
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Griffin QLD 4503
Market Insights for Griffin QLD 4503
Other properties in this postcode
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