Cannon Hill: The Ideal Investment Destination for Savvy Investors
For savvy investors seeking a long-term land holding within 15 kilometers of Brisbane’s CBD, Cannon Hill offers an exceptional investment opportunity. Our team recently purchased a tidy post-war property with 4-bedroom, 2-bathroom, 1-car for $1,525,000. Situated on an 870m2 splittable block, this property not only meets the client’s criteria with it’s short-term value-add potential, but also demonstrates long term development potential. Let’s delve into the reasons why Cannon Hill is a great place to invest in property.
1. Prime Location:
Cannon Hill’s strategic location within close proximity to Brisbane’s CBD makes it an attractive investment option. Situated just 15 kilometers east of the city center, this suburb offers easy access to major employment hubs, hospitals, and educational institutions. Investors & tenants will appreciate the convenience of a short commute to work, allowing for a better work-life balance.
2. Strong Rental Demand:
Cannon Hill benefits from a high demand for rental properties due to its desirable location and proximity to amenities. With its excellent transport links, including the nearby Cannon Hill train station and major road networks, tenants have easy access to the CBD and surrounding areas. The property’s ideal location ensures a steady stream of potential tenants, providing a reliable rental yield for the investor.
3. Potential for Short-Term Value-Add:
The property’s splittable block offers the potential for short-term value-add opportunities. With the ability to subdivide the land, the investor can explore options such as building additional dwellings or selling the subdivided portion for a profit. This flexibility allows for capital growth and increased return on investment in the short term.
4. Quality Fringe Area:
Cannon Hill is considered a quality fringe area, offering a balance between suburban tranquility and urban convenience. The suburb boasts a range of amenities, including shopping centers, parks, schools, and recreational facilities. Investors and their tenants will appreciate the availability of essential services and a vibrant community atmosphere.
5. Low Maintenance Yards:
For busy professionals & savvy investors alike, a low maintenance property will be an advantage to keep ongoing costs low. The property’s low maintenance yard ensures minimal upkeep, allowing the investor to focus on their professional commitments without the burden of extensive property maintenance.
Cannon Hill presents an exceptional investment opportunity for medical professionals seeking a long-term land holding within close proximity to Brisbane’s CBD. With its prime location, strong rental demand, great schools, excellent access to public transport and quality fringe area status, Cannon Hill ticks all the boxes for an ideal property investment.