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Either you are buying an investment property or your future home this high set Queenslander close to the city is the property for you.
Upstairs are three bedrooms, a kitchen with plenty of cupboards, great living area, a sun room, one bathroom and one separate toilet.
You will need to check downstairs out, it is not legal height but we have another kitchen and another 3 rooms that could be turned into bedrooms plus a bathroom, it is entirely up to you what you do with this part of the property but as you can imagine the options are endless.
An extra bonus is the great size back yard with enough space to even add a pool.
We are extremely excited to offer this property to the market, as this area is very popular with overseas students, investors and renovators that wants to move near the city keeping the charm of the suburban area.
This property will not last long and comparable properties have been averaging in in the $500,000’s.
The owners are keen to move this property as they have moved interstate.
For investors:
Price: $Low $400,000
Current Rent: $430
Rental Appraised: $460 - $490 per week
Rates: $2650 approximately per year
Potential rental Yield: Approximately 5.20% (Estimate only)
Potential annual rental income: $25,480 (Estimate only)
Currently tenanted on periodic lease - 24 hours notice must be provided prior to inspection.
Contact Claudio now to secure an inspection this tropical home.
*Photo taken before the tenant moved in.
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