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Overview
Low-Maintenance Investment with Established Tenancy in Griffin
Situated in a peaceful residential area of Griffin, 32 Cardamom Close offers a balanced opportunity for investors looking for immediate income and long-term rental potential. This modern home is set on a low-maintenance 336 m² block and features a practical layout with four bedrooms and two bathrooms, along with double car accommodation, making it a desirable option in the local rental market.
The property is currently leased until the end of August, with reliable tenants who are interested in staying, ensuring a smooth transition and minimizing vacancy risks for the new owner. The functional design and manageable upkeep make this property easy to maintain, appealing to both families and long-term renters.
Key features of the property include:
- Four spacious bedrooms, including a master with an ensuite
- Two bathrooms designed for everyday use
- Double car accommodation
- Tenant-friendly floorplan
- Low-maintenance 336 m² block
- Currently tenanted with strong rental continuity
Investor insights:
The property is currently rented at $660 per week until August 23. Houses in Griffin with four bedrooms have shown an annual growth of approximately 10-13%, driven by strong family demand. Rental demand remains robust, with expected rents between $680 and $720 per week, providing an estimated yield of 3-4% for investors.
Location highlights:
- Quiet residential street
- Proximity to local schools, shops, and essential amenities
- Easy access to major transport links and arterial roads
- Strong demand area in Brisbane's northern growth corridor
For more information or to arrange a viewing, please reach out.
Change History
| Headline | When |
|---|---|
| Offers Over $949,000 | |
| For Sale |
Location
Griffin QLD 4503
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
