This Neat and Tidy Four Bedroom Post War Home has been set up and managed on a rent per room basis for the last few years. Renting mainly to students who attend the nearby Griffith University, each room rents for $160 per week giving a total return of $640 per week in gross rent realisation.
Centrally located in Tarragindi and close to schools and shops, the location of this property may lend itself to someone who wants to operate a home business with main road exposure and two street access from Monash and Marshall Rds (subject to council regs and approvals).
Basic attributes of the home include large eat in kitchen with covered outdoor entertainment area, four large bedrooms, loungeroom with split system air conditioning, bathroom with shower and bath, second toilet and storage areas under the home.
Tarragindi, a green leafy suburb in Brisbane’s south, has the best of both worlds as it’s close to the city and South Bank, yet right next door to Toohey Forest. There’s a great mix of wonderful old houses, including Queenslanders, with some new, architecturally designed homes popping up among them.
Possums and birds seem to love Tarragindi as much as the residents do and the suburb is a lovely mix of young families, couples and older people who’ve lived there for years. There are plenty of smaller suburban parks and a dog off-leash area at Shaftesbury Street. Other features include the Tarragindi Tigers soccer club, lawn bowls clubs and two schools.
The major shopping centres of Garden City and Carindale are only a short drive away. There are lots of smaller shopping centres close by and a number of libraries to choose from too. Neighbouring Annerley has fascinating antique and second hand shops. Stones Corner famous for its factory outlet shopping and the Mt Gravatt Homemaker Centre are also close by.
There are three nearby hospitals – Princess Alexandra Hospital, Greenslopes Private Hospital and QEII. During World War Two there was even an American military hospital at Ekibin. An ANZAC Day service is held at the Ekibin Memorial Park, Cracknell Road each year.
About seven kilometres from Brisbane’s CBD, REIQ research shows Tarragindi’s proximity to the city and its diversity of housing has resulted in excellent capital growth over the past fi ve years. A southern suburb near Annerley, Tarragindi has easy access to the city and Fortitude Valley along Ipswich Road and the Southeast Freeway.
There is a wide range of housing in the area, from affordable older properties to more expensive homes on the hills, and Tarragindi has become increasingly popular with those buyers looking for a well-established middle ring suburb. Housing styles vary from post-war chamferboard and weatherboard workers cottages and old Queenslanders. A good deal of renovation has occurred in the suburb consequently increasing the median house price.
Local facilities are plentiful with the suburb having a huge recreational reserve, a Catholic Primary School, the Tarragindi Hill reserve and an RSL Club. The suburb is also close to the PA Hospital in nearby Annerley. Being so close to the City enables residents both to commute to work and to easily frequent city and Southbank nightspots.
Sustainability Declaration Available by contacting Agent.