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Marlene - Investor

Marlene – Investor

North Brisbane

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4 bed, 3 bath, 2 car

Investment details

  • Potential to create dual income through downstairs granny flat
  • Post war modern brick home, no need to complete any work prior to tenancy
  • 4-bedroom house with 3 bathrooms and 3 separate living areas appeals to a larger tenancy pool
  • Clear block with sewer line running along the back fence and water connection off the front corner
  • Meets subdivision requirements

Key Investment Drivers

  • Centrally located; only 2.5km to Aspley Hypermarket, 15km from CBD, 5km to the largest Westfield in Queensland and a few minutes’ drive to Gympie Rd with connections to the CBD and beyond
  • In a highly affluent location where the median household income is 54% greater than in the wider Brisbane area
  • Suburb is projected to enjoy rapid population increase from 2016 to 2036 at 1.3% p.a., faster than in the northern Brisbane growth corridor at 0.8% p.a.
  • Low vacancy rate of 1.1%, suggesting high local demand for rental properties
  • In close proximity to several massive infrastructure projects with a combined value exceeding $6 billion
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