Get in quick to secure this Council registered quality, colonial style eight room, two bath investment property, with seventeen person existing rights usage. If that wasn’t enough, Architect plans have also been designed to raise the property and add an additional eight bedrooms and living space, if required.
The property is officially registered with Brisbane City Council as a Guest Lodge/Student House or turn it into your own highly lucrative designation.
The property features colonial attributes including VJ walls, leadlight windows, polished floors and picture rails on a 650m2 block.
Turn your eight room investment into sixteen rooms and watch your money tree grow!
Currently tenanted with long term, quality tenants, the property returns $56,160 pa (gross), however, there is certainly the scope to increase the rents to maximise its income potential.
Situated only seven kilometres to the CBD, and within walking distance to local shops, transport and amenities,
An inspection is a must to truly appreciate this quality investment property and its location. Opportunities like this rarely last long.
Sustainability Declaration available from our Investments and Development office.
Council registered eight room investment property
Architect plans for an additional eight rooms
Seventeen person existing rights usage
$56,160 pa return (higher returns possible)
Seven kilometres to the CBD
Walk to shops and transport