Then come and see Brwone Street.
This is a truly rare opportunity; there’s potential here for short and long-term gains in one of Queensland’s best suburbs. You’ll kick yourself, if you don’t at least have a look at it. Where else can you make over $100,000 per annum in income, while your property is appreciating out of sight?
Remember this is New Farm; history tells us that this is one suburb where you can look forward to fabulous growth and good returns.
And you’ve got everything here: land size, good solid income, ideal location, potential for two-street access, and great capital growth are just some of the main selling points of this income-producing residence located in beautiful Browne Street, New Farm.
You’re close to the Brunswick Street hub with the Taj Mahal on the corner, the soon to be revitalized Village Twin Cinema as well as Gerties and the Alibi Room. What a great spot to be both now and in the future.
Originally this property was one home before being divided into 8 bedrooms, 5 bathrooms, and 5 kitchens, which means you’ve got an outstanding income of over $100,000 per annum.
But the good news doesn’t stop there. This property also has the potential to be subdivided; you could easily create another dwelling in Wynberg Lane, at the rear of the Browne Street property and generate some extra cash once the land or the completed development was on-sold.
New Farm…A great way to start your day…And your life!
Brisbane City Council rates: $1500.00 approximately per/qtr.