Calling all Investors, Business Owners and Owner Occupiers.
This property must be seen to be believed. Major renovations have transformed this Queenslander into 3 levels of luxurious living and endless possibilities.
Here are just some of the options!
Option 1. Rent out each level and reap the rewards of a fantastic rental return up to $2,200 week, $114,400 p/a which the current owners have achieved. This works out to a 6.3% return not to mention the huge tax depreciation deductions of this property as an investment. Please note the property is not currently strata titled or registered as flats.
Option 2. Picture this! Run your home business from the multifunctional middle level and capitalise on the main road exposure. Live on the top floor with your family and rent out the lower level, fully maximising the potential of the entire property.
Option 3. Live in this massive 3 level, 9 bedroom, 7 bathroom, 3 kitchen, 2 study family home, with multiple living and outdoor entertaining areas. The total living area is 472m2 plus 165.80m2 of outdoor entertaining. Superbly located within walking distance to Restaurants, cafes, shops, schools, public transport and only 5 kms to Brisbane CBD.
The lower / rear level offers townhouse style living featuring 2 bedrooms + Study, 1 Bathroom, Spacious Modern Kitchen, open plan living / Dining, opening up onto its own concrete courtyard. The lower level is 118.10m2 of total living area and has been fitted with all the modern and stylish fittings and is tiled throughout.
The middle level is the most exciting situated between a suspended concrete floor. The ceiling is constructed with structural steel beams spanning across the entire structure with block walls. This level features 4 large bedrooms each with its own ensuite and robes, 1 study/foyer area, open plan kitchen/meals/living opening up to a massive Balcony. This level is 199.30m2 of total living area plus 55.40m2 of deck. Featuring all the stylish and modern fittings and is also tiled throughout. There is an internal spiral staircase to the top level of this well thought out construction.
All internal walls of this middle level can be reconfigured if required to suit the needs of the potential buyer.
The Top level, partly the original Queenslander and fully renovated, features 3 large bedrooms, 2 bathrooms, open plan living/dining/kitchen opening up onto another massive Balcony for entertaining friends and or work colleges. Stylish fittings and timber floors throughout this level and the total living area is 143.40 plus 55.40m2 of deck.
The property is situated on 655m2 of prime real estate, fully landscaped and concreted. The property offers 6 off street concrete car parks. Forget the lawns and gardening this property is totally maintenance free.
The entire construction of this unique property has been brilliantly thought out, constructed and finished off to suit the needs of many situations making it one of a kind.
Current local zoning is Residential A for land use of a single dwelling. There are possibilities of re-zoning and future development.
The choice is yours and the possibilities are endless. Don’t delay as this property will be sold!!! To arrange your inspection contact Nathan Budde 0420 422 580.