32 Cardamom Close
Griffin, QLD 4503

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.

Location