Description

GUARANTEED PASSIVE INCOME WHILST YOU BUILD A property with great returns and lots of potential. You can either choose to maintain it as the current thriving business, with international students leasing at a 10% gross return, or you can divide the block into two and build your new home-or even double the potential income due to the two-street access.

This charming Queenslander property features four bedrooms, two bathrooms, and an office, with an upgraded communal kitchen, lots of open space, and plenty of storage underneath that can be converted into additional areas. Located on the city's fringe, there's no shortage of interest in FNQ from Working Holiday Makers, students, and nurses looking to live and work close to the city, making this a perfect investment for you.

STANDOUT FEATURES

- Fantastic investment opportunity or large Queenslander house close to the city. - 4 bedrooms, 2 bathrooms, additional study, and lots of storage underneath with fans and air-conditioning. - Both levels have one bathroom each, with vanity, shower, and toilet, ensuring ample space for residents living on-site. - Choose to leave it as is, or divide the block, build a new dream home, or double your potential income via two-street access on Clare Street and Severin Street. - The property comes fully furnished, with all beds, couches, and chairs, washing machine, barbecue, including utensils for cooking (plates, bowls, cups, forks, and knives). - New large kitchen with induction cook top, electric oven, dishwasher and with individual large pantry spaces for each room, along with multiple fridges and freezers to ensure each resident has sufficient space for their cooking needs. - Multiple indoor and outdoor common areas, with an upstairs balcony on both sides to enjoy company, or just unwind and relax. - Brand new roof, Timber floors, air-conditioning, and fans throughout all bedrooms and living spaces. - Conveniently located close to the CBD, major schools, shops, and amenities. - Forecasted 10-15% gross returns per annum.

*** BEST OFFERS ON OR BEFORE 5.00 pm on Wednesday 30th October 2024, unless the property is sold prior to this date. For more information, to pre-register, or to arrange your own private inspection please call JAN HOOGHE on 0406 520 941 ***

Please call JAN HOOGHE on 0406 520 941 or SEAN THORPE 0431 052 490 for more information or to book your very own private inspection or receiving your full virtual walk through.

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavors have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement

View More

Key insights

Amenities

Calculator