Situated in Woolloongabba, this 8 bedroom boarding accomodation property is in an ideal location. Moments from Buranda Station, The Gabba, and all the other conveniences of living in the Inner City.
With a unimproved land value of $1,000,000 what are you waiting for.

It is registered with the Government as boarding accommodation, and the owner has had regular fire inspections, as per the regulation.

There are only 8 people living there at the moment (one to a room – $160/room/week) which returns approx $66,000 per year. The property is approved for 16 occupants, which gives you scope to increase the rental yield.

The owner currently charges an extra $9/person/month for gas and hot water and each room is individually metered for electricity and charges the tenants for all electricity.

Don’t miss this opportunity to purchase this property and create a high yielding investment in sought after Woolloongabba, contact Justin Hagen on 0439 672 163 or the office on 3367 3411 for more information.

A copy of the sustainability declaration is available upon request.