Attention Investors – Over a 6% return based on rental appraisal!
Don’t miss this excellent opportunity to secure an excellent entry level home or investment! Ready and waiting for it’s new owners, 5 Coal Street sits on a conveniently located 766m2 block with great access to rail, schools and local shops. The home has been freshly painted throughout, features a tastefully renovated laundry and bathroom, fresh carpets in the living room and built-in robes and ceiling fans to the bedrooms. For the investors, this property has been rent appraised between $420 and $440 per week, offering a great return on investment.
Currently the home is a standard residential dwelling, however the block is zoned LB10 (Local business – Bundamba) which under the planning scheme allows for bulky goods retailing, outdoor sales and storage yards, automotive sales, fitting, service and repairs and more – Offering the potential for business uses in the future (STCA).
FEATURES AT A GLANCE:
- 3 bedrooms complete with built-ins and Ceiling fans.
- Spacious living area with brand new carpets.
- Stylish eat-in Kitchen with great storage and freshly polished timber benchtops.
- Renovated Bathroom with modern fittings and fixtures.
- Quaint front deck.
- Updated Internal Laundry and second toilet.
- Covered parking for 1 car, plus good under house storage.
- Spacious 766m2 block with well established mango trees.
BENEFITS OF THIS FANTASTIC LOCATION INCLUDE*:
- Only 350m walk to the Bundamba Train Station.
- Less than 500m to Bunnings
- Less than 1km to Bundamba Primary and High Schools and less than 5km to St. Peter Claver Secondary College and Sacred Heart Primary.
- Only 1km to Local Caf, convenience stores and More (Brisbane Rd)
- Only a 10 Minute Drive to the Ipswich CBD, and Approx 35 minutes to the Brisbane CBD.
Call for an inspection today – You won’t want to miss this opportunity!
(*please note, all distances are approximate. STCA = subject to council approval.)