48 GEELONG STREET, EAST BRISBANE
Situated in a beautiful tree lined street close to the river this character filled art deco two level home is income producing. The home has TWO separate living areas, on the upper level there is a large living area that has two bedrooms plus a sleep out or day room and on the lower level there is a separate one bedroom open-plan living area that has another kitchen, bathroom and separate toilet in total returning $600 plus per week.
This is your opportunity to purchase an income producing recession proof property.
The property offers many options including living in one section of the home and having a tenant in the other; or renting both separately to achieve the maximum returns. This home is ideally suited for a family with teenagers who still live at home or a family with other extended family members.
Features:
- Rendered brick construction
- Ornate solid plaster ceilings with decorative cornices
- Original leadlight windows.
- Secure garage
- Returning $600 plus per week

Only 2km from the city and ideally situated on an East-facing allotment close to local shopping, casual dining and the high speed CityCat ferry service to the city and beyond.

Primary and secondary schools including “Churchie” are all within easy walking distance and the mighty ‘Gabba’ is just a Lion’s roar away

Don’t miss this unique opportunity to purchase a piece of history with unlimited potential. Call now for further information or to arrange an inspection.

*A copy of the sustainability Declaration for this property will be available from the agent. For more information on the requirements for a Sustainability Declaration visit: http://www.dip.qld.gov.au/sustainable-housing