Prime Location and Endless Potential!
Welcome to 74 Buchanan Road, Morayfield…
In a prime location, this low-set brick home has endless potential! Suitable for investors, first home buyers or those looking to renovate and flip for a quick and easy profit, you can’t go past this 600m2 block property in the heart of Morayfield.
PROPERTY FEATURES INCLUDE;
> 3 bedrooms all carpeted with ceiling fans
> Master also features a built-in robe
> Main bathroom with a shower, bath and vanity
> Living area features split system air-conditioning
> Dining area features sliding doors to backyard
> Kitchen has electric cooking and ample storage space
> Separate laundry with external access also houses the toilet
> Low-maintenance yard
> Garden sheds
> Side access
Built in 1992, you have great access from the front, all the way to the back, ideal for those with trailers or those wanting easy side access for a shed. Low maintenance gardens and a solid structure mean this property has the perfect foundation for open-ended potential.
LOCATION
Located in the center of Morayfield, you will find yourself within close proximity to…
> Morayfield shopping Centre – 4 minute drive
> Morayfield State High School – 1 minute drive
> Morayfield Train Station – 2 minute drive
> Bruce Highway – 5 minute drive
> Several more primary schools, high schools and day care centres are located near by
TENANCY AND RENTAL APPRAISAL
This property is currently tenanted on a periodic basis. The property currently receives $410 p/w, however an updated rental appraisal completed reflects a rental return of $480 - $500 p/w. Based on the updated rental appraisal and current list price, investors could potentially receive an approximate 5% gross rental return.
Receiving plenty of interest already, this property won’t be on the market long!
Contact Ali Heeps today to register your interest and to find out more.
Caboolture
