30 Oakover Avenue, Ormeau Hills QLD 4208

If you are looking for a solid investment property in the booming suburb of Ormeau Hills then you can't go past 30 Oakover Ave, with impressive capital growth year to date running at 17.74%* this is certainly a suburb on the move. Located in the Ormeau Ridge Estate your tenants will have local Childcare & Schools nearby, multiple parklands and only a 5 minutes' drive to the Ormeau Village shopping centre hosting Coles Supermarket, Medical, Dental and a variety of specialty stores.

o Master Bedroom | Walk-In Robe | Ensuite
o 3 Remaining Bedrooms with Built-Ins & Ceiling Fans
o Air-Conditioned Living Dining Area
o Study Nook
o Stone Bench Tops to Kitchen | Gas Cooker | Stainless Appliances
o Internal Laundry
o Stylish Family Bathroom
o Double Lockup Remote Garage
o Undercover Outdoor Entertaining Area
o Gas Hot Water | Security Screens
o Fully Fenced on Low Maintenance Block
o Approx 5 Years Old
o Currently Tenanted to Feb 2022

The property is currently tenanted at $415 per week but with rent rising so quickly we estimate a new rental return once lease is up in Feb 2022 of approx $460 - $480 per week so not only do we have strong capital growth but we also have a solid yield to go with it.

Easy access to the M1 motorway with an approx 30 minutes' drive to the Gold Coast and 40 minutes to Brisbane City for ease of commute to work coupled 30 Oakover Ave is in a convenient location that will attract good tenants and makes this a fantastic investment opportunity.

For further information, please contact Adam on 0499 007 797

* Capital Growth from Jan to Aug 2021 supplied by Corelogic

Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.

*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.