One House – Two rental opportunities!

This typical Red Hill miners cottage is currently separated into two units. The top and bottom levels are completely separated and available to be rented as independent units.

A current rental appraisal recommends a weekly return of between $590-$645 per week in the properties current condition, with the ability to increase the return by completing a basic renovation.

Both with their own gates from Confederate St, the top floor is the original cottage and the ground floor unit was built in later keeping with the style of the property.

Top Floor Features:
- Large enclosed front veranda
- A Spacious Bedroom
- Tidy Bathroom
- Large lounge opening through to dining area and kitchen
- Small balcony of dining room
- Air-conditioning
- Wooden Floors, Fretwork and VJ’s throughout

Ground Floor Features:
- Very large studio apartment which could easily be made into separate bedroom and living.
- Beautiful wooden floors that match upstairs
- Spacious tidy kitchen (separated from bedroom/living space)
- Small balconies off back and front of unit.

The backyard is a nice flat yard (but does need a bit of a tidy). Just imagine this property with a bit of a tidy up, possibly new kitchens and bathrooms – they would achieve great rental returns. Or if you are looking the renovate to live in – think of all the space you have to play with.

Restore or reconfigure this typical Red Hill federation style cottage into the home you’ve been lusting after, or turn it into a savvy investment.

The home is typical of the late 1800′s to the early 1900′s, VJ’s throughout, beautiful wide wooden floors, fret work bearing the coat of arms, front veranda (which has been enclosed). Here you have a home straight out of yesteryear that with your imagination could become a fantastic family home or renovate a little to maximize the investment potential.

About Red Hill/Kelvin Grove:

11 Confederate St is right in the action between Red Hill and Kelvin Grove.

Red Hill has long been a sought after Brisbane suburb, filled with delightful cottages and Queenslanders mixed with stylish new residences.

Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Queensland University of Technology (QUT) and the Royal Brisbane Hospital.
The suburb’s proximity to the city makes it a popular residence for young people, who study at QUT’s Kelvin Grove campus, or commute into the city centre for work.

Located less than 4km north west of Brisbane’s CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb’s proximity to the city.

Kelvin Grove has had an infrastructure boom over the last 5-7 years with the development of the Kelvin Grove Village. The village is home to a number of shops, cafes, restaurants and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets – a popular attraction of the suburb.