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Overview
Positioned conveniently in the suburb of Raceview, this well-maintained single-story brick house presents an appealing investment opportunity with immediate rental income secured by a current tenancy. The property benefits from enhanced privacy, notably due to the absence of a direct neighbour on one side, creating a rare sense of space in the locale.
The practical layout supports a low-maintenance lifestyle, ideal for investors seeking a steady income stream without extensive upkeep burdens. Comfort has been thoughtfully addressed with air conditioning in the main living area and master bedroom, complemented by ceiling fans throughout the four bedrooms, each featuring built-in wardrobes and carpeting to create a cozy atmosphere.
The functional kitchen is equipped with modern conveniences including a stainless steel double sink, dishwasher, and ample cabinetry, adjacent to open-plan dining and living spaces with tiled floors that offer durability and ease of care. For additional convenience, a separate laundry with external access is included.
Outdoor spaces include a covered entertainment area designed for relaxed gatherings, surrounded by a fully fenced yard ensuring privacy and security. A water tank adds to the property's sustainability features.
Located near several schools and shopping centres, the property suits investors prioritizing secure returns and sound asset management. The current lease at $610 per week provides immediate income, making it a straightforward addition to an investment portfolio.
Local Market Insights
In Raceview, Quiet Listings observed 62 new houses entering the market over the last 30 days, down from 75 during the previous 30-day period, with an average advertised asking price of $870,379. The property type mix of listed properties is predominantly Houses at 86%, followed by units (4%), and townhouses (4%). The most active agency for houses in the Raceview area is currently NGU Real Estate, representing 29% of new listings, followed by Ray White with 16%. 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.
Location
Market Insights for Raceview QLD 4305
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