PRIME INVESTMENT OPPORTUNITY – ENORMOUS POTENTIAL

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Click to download Floor Plan

Rates: $1,490 p.q | Water: $200 + usage p.q

Bedrooms:   15         Bathrooms:     5         Parking:     3

With a rental return of over $3000 per week, this 15 bedroom 5 bathroom home presents a lucrative investment opportunity. Central to West End and all the amenities this eclectic and vibrant community has to offer, this expansive home has plenty of potential and is a must see for the savvy investor.

This property was previously converted to allow for multiple separate dwellings which are currently sub-let out. This arrangement returns high rental yield, with the added benefit of predicted capital growth – as an investor you will know obtaining both positive cash flow and high capital growth is a rare opportunity. Alternatively, this property has the potential to be converted back into a large family home, where the fortunate owners can enjoy the perks of inner city living on a large 493m2 block.

Features of this property include:
• $150,000/year historical rental*
• 15 large bedrooms
• 3+ car spaces
• High occupancy rates
• 2 kitchens
• 5 bathrooms
• Separated over two levels of living space
• 493m2 of land in the heart of West End
• 24 panel solar system
• 6 aircons

Location Features
2KMS | BRISBANE CBD
150m | City Bus Stop
180m | West End Shopping Precinct
270m | West End State School
550m | West End Markets
1.1km | South Brisbane & South Bank Stations
1.1km | South Bank Tafe Campus
1.6km | Queensland Children’s Hospital
1.6km | Mater Hospital
2.1km | University of Queensland
2.2km | Woolloongabba Busway
2.4km | Queensland University of Technology

Accompanying this rare find is a lifestyle of enviable convenience, with some of the best cafes, award winning restaurants, local breweries, supermarkets, bakeries, and European Style Delis just a quick meander away. Leave the car at home and enjoy a leisurely stroll down Boundary street where you will find West End’s famous dining and entertainment precinct.

Within the coveted Brisbane State High School catchment, it is also moments from elite colleges including St Laurence’s, Somerville House, Brisbane Grammar, Girls Grammar, and Churchie Grammar, major hospitals, as well as the vibrant West End, Woolloongabba and Southbank lifestyle precincts. Students will appreciate the proximity of UQ via the Green Bridge (16mins), QUT Gardens Point (10mins), TAFE and Griffith campuses.

Our instructions are clear, and this property will be SOLD at auction, if not prior.

Contact Luke OKelly and Jim Ampelas on 0436 332 483 to secure your inspection or for further information.