$298,000
3 Bed • 1 Bath • 2 Car • 915m²
New
Sold
Sold
45 Federation Drive, Bethania QLD 4205
$298,000
- 3Bed
- 1Bath
- 2 Car
- 915m²
House Sold on Mon 15 Jun, 2020
What's around Federation Drive
House description
“The smart money decision”
Inspections are available by appointment only, please call to arrange.
This property presents a financial opportunity for the astute investor or first homeowner looking to capitalise on this large flat block in a super convenient location. Bethania and surrounds are on the radar by buyers being priced out of outer Brisbane suburbs. With interest rates so low it really does not make sense to have your hard-earned capital sitting in the bank.
Investors here is the deal, potential rent of $350 per week gives you a gross yield of around 5.7% that is nearly 8X the current cash interest rate. With a little more investment made this property could achieve more and will only grow in value with years to come. Alternatively, a quick cosmetic makeover and flip for profits.
First homeowners if the above isn't enough to sell you look at this. Where can you buy a 900m2 block with a local like this for less that $260,000? Then the cost of building and go through all those hidden costs and in todays bulk land developments, it'll be years before you see your capital grow while listening to your neighbour's dinner conversations. This unique opportunity is a blank canvas that you can turn into your own creation while having a roof over your head. The ideal steppingstone knowing once completed there will be profits made for you to upgrade into your next level home.
All the details are below but what ultimately seals the deal for this fantastic property for the astute investor or first home buyer is the location which is sure to see good capital gain is the access to major and local shopping centres, easy access to M1 and Logan motorways, public transport and excellent choice schools. Everything is just a stone's throw away.
Features
The home
• 3 generous bedrooms with built in cupboards, master with walk-in robe
• 1 large two-way bathroom, separate toilet
• Living spread across dining, lounge and family room
• Central kitchen, generous storage, plenty of bench space
• Large internal laundry, security screens, ceiling fans and A/C
Venturing Outdoors
• Generous 915m2 lot with loads of space for play area, trampoline etc for the kids
• Double carport with garden shed attached for storage
• Loads of room to add a large shed or pool
• Gated side access, secure off-road parking
LOCATION HIGHLIGHTS
• Supermarkets, cafes & businesses in Holmview, Waterford and Beenleigh
• Easy access to the M1 and Logan motorways
• 700m walk to Bethania train station and local shops
• 5 minute drive to Waterford Shopping Centre and Bunnings Bethania
• 5 minutes to Bethania Lutheran College and Waterford State School
• 15 min drive to Logan Hyperdome
• Easy Access to Brisbane and Gold Coast