24/2 Waverley Road, Taringa, Queensland, 4068

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For sale

Offers Over $249,000

Beat the banks!

Cash flow positive properties are rare in our area and this is a great time to add one to your portfolio. Prices and rents are on the upswing so don’t wait until it’s too late, get in on the ground floor as they say!

Taringa Gardens is in a fantastic position sitting just outside the 5km radius to the CBD and only 650 metres to Indooroopilly Shopping Centre and all the transport, amenity and dining options that brings. You also have a wealth of choice for schools and of course the University of Queensland. Many of the leased apartments in the complex house international students who make great tenants. Typically tidy and they don’t miss rental payments! Our tenants are still studying and if you’re looking for an investment they would love to stay on.

Get in touch today to find out more about this opportunity.

Features:



  • Fantastic rental yields. Could be positively geared with the right loan.

  • Well kept property with tidy tenants looking to stay on if possible

  • Onsite manager, great to have in place if you’re not local

  • Pool and BBQ facilities in the complex

  • Secure car accommodation

  • 200m to the city bus

  • Great balcony which overlooks the pool area

    Current rental amount: $310/week ending 10th Feb 2020

    Apartments in the complex: 46

    Brisbane City Council fees: $407.70 per quarter

    Build date: 1995

Property Info:

  • Property ID: L603632
  • Property Type: Apartment
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Taringa

R&H Suburb Summary Houses
Number of sales 64
Average Price $1,022,651
Median Price $897,500
Median Rental Price $545 p.w.
Change in Rental Rate (5yr) 3 %
R&H Suburb Summary Units
Number of sales 125
Average Price $449,962
Median Price $390,000
Median Rental Price $385 p.w.
Change in Rental Rate (5yr) -4 %
Taringa, QLD - Median Trend
  • 24/2 Waverley Road, Taringa,
    Queensland, 4068