The three P’s of real estate investing awaiting the astute investor. Located with buses almost at the door and within 5-6 minutes walk of trains, shops, Enoggera pool and the proposed new Alderley square development, this home is centrally located in an impending high growth area. Situated on 665m2 of LMR zoned land, there is potential for future townhouse or unit development (subject to local authority approvals). With a lease in place at $570/week, the property is showing a healthy return already in a market where increased rents are predicted. The original 2 bedroom plus sleepout Queenslander comprising the upper floor is in excellent condition and will require minimal ongoing maintenance and offers year round comfort with air conditioning in the master bedroom and living area. The more recent improvements downstairs, while not of sufficient height to meet current approval standards, are a valuable enhancement and are currently utilized as an additional 3 bedrooms, extra living area and 2nd bathroom. Secure your investment future. Phone to inspect today! A copy of sustainability declaration can be obtained upon request.