A recently added granny flat is the premier feature of this home… one that is fully council approved, and offers fantastic flexibility for you being on an 809sq’m allotment.

But, the real attraction of this property is the investment value. Here’s why…
:: Rent the property while you are attaining your subdivision approval from the council.
:: Remove the house and build 2 new homes in its place.
:: Building costs are minimised because the allotment is flat and level.
:: In this case, very little maintenance is required on the house, save possibly a freshen-up in the upstairs kitchen and a coat of internal paint.
:: This property is outside the proposed local redevelopment plan.

The granny flat:
:: Rental return approximately 200 p.w.
:: 1 bedroom.
:: Bathroom will accommodate wheelchair access.
:: Full open-plan kitchen-dining room that will need a stove.

The house:
:: Rental return approximately $225 p.w as-is.
:: Internal floor coverings needed.
:: Kitchen is very basic (a blokes kitchen).
:: Bathroom is very functional (a blokes bathroom).

Lot 62
RP 33125
Brisbane City Council 3403 8888

Call for us today more details.