5/39 Gumtree Street, Runcorn QLD 4113 –
$530,000
Completed townhouse, with tenant until March 2024! Runcorn is located just 19 kms from Brisbane’s CBD, offering easy access to a range of amenities, including schools, shops, and public transport. This property is a fantastic investment opportunity, with existing tenants paying $525 per week and capital growth of 25% over the last 12 months, equating to more than $130,000 in equity. The home is well-presented and features three bedrooms (master with ensuite), two bathrooms, and a single garage.
Don’t miss out on this chance to secure your financial future with this investment.
Overview
$-796.35/m
25%
5.15%
0.92%
The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Title Status | Registered |
Contract type | Single |
Storeys | 2 |
Council Rates* | $120/m |
Water Rates* | $35/m |
Body Corp / Strata* | $208.00/m |
Rental Income* | $2275/m |
* these figures are an estimate only, based on current average rates and current relevant figures. |