Lockrose Investment Property
Purchased for $625,000. Rental appraisal at $850 to $880 per week (7.1% gross rental yield on low side number)
2nd investment property in Investors portfolio
3 beds, 1 Bath, 1 car space and 1 Bed, 1 Bath (granny flat) with 2 bay shed on 4047 sqm block
Current market value of $650,000 approx.
Location Lockrose
Annualised 9.05% capital growth over the last 25 years
- Good capital growth and yield
- Great cashflow
- Land bank for future development
- Fundamentals stacked up
IPS Buyer’s Agents process is designed to navigate the pitfalls of incorrect finance setup (through Moreton Bay Finance Broker) and poor property selection. This is to ensure you are not exposed to unnecessary risk, poor loan structuring and missing out on capital growth.