Rates: $1,308 p.q | Water: $200 + usage p.q
Bedrooms: 5 Bathrooms: 3 Parking: 2
With a rental return of over $1500 per week, this 5 bedroom 3 bathroom home presents a lucrative investment. 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.
Features of this property include:
– Extensive under house storage with laundry;
– Three large self contained units;
– Unit 1 features oversized 5.3m x 3.5m bedroom with in built robe, large kitchen and bathroom;
– Unit 2 features a large bedroom with in built robe, separate living area, kitchen and modern bathroom;
– Unit 3 features three expansive bedrooms, kitchen, bathroom and outdoor patio;
– Prime location, close to schools, public transport, hospitals and universities.
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
Contact Luke O’Kelly on 0408 330 161 and Jim Ampelas on 0436 332 483 to secure your inspection or for further information.