4 Johanne Street, Wynnum West QLD 4178

The first rule of real estate investment is to buy in a good location and for the budget conscious it doesn't get much better than Johanne Street near the golf course at Wynnum.

The house itself is basic but has the potential to "add value" at a later stage. The block of land however is real estate "Gold" - 642m2 flat block of land in a small cul-d-sac walking distance to Wynnum Golf Course.

The same tenant has lived in this property for 20 years and has a lease until January 2020 which makes this the perfect investment property as it covers the essentials of income, potential and capital growth.

This property will also suit first home buyers provided they are happy to delay moving in until the end of the current lease which ends 31 January 2020.

Inspections can be arranged most days with 24 hours notice.