OFF MARKET OPPORTUNITY – SOLID INVESTMENT WITH STRONG RENTAL RETURN

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178A Mostyn Street, Berserker QLD 4701

OFFERS OVER $580,000

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$580k - $609k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car

Listed: 11 days ago

Updated: 16 hours ago

Overview

Located in the suburb of Berserker, this solid house presents an attractive opportunity particularly for investors due to its current leased status and promising rental returns. With three bedrooms and a single bathroom, the property offers practical accommodation perfect for small families or tenants seeking comfortable living spaces.

The ongoing lease until April 2027 ensures stable income immediately, with the current rent set at $485 per week. Moreover, a rental appraisal suggests potential to increase this to $550 per week, highlighting future growth possibilities that make this an appealing investment prospect.

The single parking space complements the functional layout, providing convenience for residents. The well-maintained condition of the home underlines its investment readiness, minimizing immediate maintenance concerns and allowing buyers to focus on long-term asset growth.

Offered off-market initially to a select database, this property suits investors aiming for secure tenancy combined with the chance to capitalize on rising rental yields. Although specifics on land size and floor area are unavailable, the favorable features support its appeal as a strong addition to an investment portfolio.

Local Market Insights

In Berserker, Quiet Listings observed 63 new houses entering the market over the last 30 days, up from 58 during the previous 30-day period, with an average advertised asking price of $677,778. The property type mix of listed properties is predominantly Houses at 89%, followed by land (6%), and units (1%). The most active agency for houses in the Berserker area is currently Ray White, representing 37% of new listings, followed by McGrath Estate Agents with 21%. 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.