CAROLINA is a classic Queenslander nestled in arguably “the best street in town” and opposite the leafy and private Currie Park.

Residing on a 951m2 Mixed Housing block, this nostalgic property comprises of 3 flats, (2×2 & 1×1). Current rent return is expected to be above $600/week. A $700/wk rent return is projected with some work. There is also the opportunity to subdivide, subject to local requirements.

Once the opulent residence of local Mayor Fred Murray, this property boasts many hints of nostalgia; high ceilings, polished pine and hardwood floors, VJ walls, verandahs etc. This classic home also has been restumped and reroofed in recent years.

With town centre a few minutes walk and on the local bus route, position is everything.

For investors, this property would continue to grow in value and rent return and with a few improvements could yield considerably more.

Locals will remember that Magnolia Street was originally named after a Magnolia seed was brought over from the USA and planted there in the 1940′s. The tree still stands in this lovely enclave of classic Queenslander homes.

This is a must see investment in your future. The owner will consider all genuine offers.