Exciting Investment – Rooming Accommodation with DA Approval

Auction Location: Place HQ | 10 James Street, Fortitude Valley<br/><br/>This extraordinary investment presents a unique opportunity with DA Approval in the heart of Hamilton. A vacant rooming accommodation residence, the property is ready for immediate occupancy for short-term or long-term rentals.<br/><br/>Previously fully occupied, the functional layout comprises five bedrooms, two bathrooms, two kitchens, two living areas, and a complete renovation downstairs. <br/><br/>A high-income earner generating strong yields, the property can be held and run as is, or buyers can utilise the DA Approval and extend the accommodation to twelve bedrooms, four bathrooms and four car parks.<br/><br/>Presented in excellent condition, the ground floor has undergone a full transformation with new flooring, lighting, paint, a fresh kitchen, and disability access to the sliding door and brand-new bathroom, meeting compliance and commercial zoning requirements. The upper level also features an updated kitchen and bathroom and retains classic character details.<br/><br/>Property highlights include:<br/>- Excellent investment opportunity on 405sqm in Hamilton<br/>- 5 bedrooms (3 up, 2 down); 2 bathrooms (1 up, 1 down); internal laundry<br/>- 2 living/dining spaces; 2 kitchens; communal study<br/>- Front verandah and generous backyard offering outdoor space<br/>- Off-street parking and side access on the left boundary for extra parking<br/>- Newly renovated downstairs with disability access; retained character upstairs<br/>- Ceiling fans and built-in or freestanding robes in each bedroom<br/>- DA Approval to extend to 12 bedrooms, 4.5 bathrooms and 4 car parks (1 disabled)<br/>- Zoned Medium Density Residential<br/><br/>Offering lifestyle convenience in a prime riverside setting, every amenity is within easy walking distance. Bus stops are 70m away, Doomben train station and Bretts Wharf ferry are less than 1km from your door, and tenants have excellent access to the Gateway Motorway. Under 900m from Portside Wharf and Racecourse Road, supermarkets, cafes, restaurants, boutiques and Dendy Cinema are close at hand.<br/><br/>In a sought-after recreation precinct, Eagle Farm and Doomben Racecourse offer excitement on race days, the Riverwalk boasts scenic paths along the water, and nearby Northshore features parks, a tennis centre and Royal Queensland Golf Club. Close to top schools and childcare, 9 minutes to QUT Kelvin Grove, 13 minutes to Brisbane Airport and 16 minutes to the CBD, this location is unbeatable.<br/><br/>Disclaimer:<br/>This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes<br/><br/>Disclaimer: <br/>We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.