Owners and investors be quick to view this once in a life time opportunity to grab this before some one else does as properties of this nature are rare to come by. brick lowset that represents unbeatable value and is your golden opportunity to secure a fantastic, renovated home that’s guaranteed to provide strong capital growth and high rental returns for years to come! Buy one or buy two (STCA)
The property has approval for two lot subdivision. Almost all operational works including separate water meter, sewerage connection, boundary fencing, drive-way access have been completed. As an astute investor, you will be able to sell each home separately. However, the current owner has not completed the process of plan sealing to keep the Council rates down.
House 1: With 5 good sized bedrooms on 417M2 block deal for that growing family or investor. The five bedrooms home majestically sitting in the block with another 2 Bedroom house, welcomes a new owner. The floorplan of House 1 features 5 Bedrooms, 2 bathrooms, Lounge, Kitchen/ dining area, Study, air-condition, ceiling fans and large covered rear veranda with kitchenette. Currently rented at $400 per week and the tenants are happy to stay back if you wish to buy it as investment property or could be accommodated if you are buying to live in. Owners have advised us to submit all genuine written offers
House 2: With 2 bedrooms on a massive 607sqm level block which is designed for low maintenance requiring minimal upkeep. Ideallly located on the rear
oof the house na large lot with potential for further additions. The large shed at the property with a bathroom and laundry can be converted into a granny flat (subject to approval) for extra cashflow.
If you’re purchasing your first home or wanting to downsize then this property may very well suit your needs. The property has currently one title , you can live in one and rent the other property. Families with teenagers or older kids who want to have their own space can live in the other house. Options are many with this property.
There is a tonne of potential here that you cannot overlook. It is a pleasant property with long term happy tenants continue to stay on if you are buying it as investment and happy to accommodate if you want to move in as well. Currently renting for $400 a week for House1, $275 a week for House 2, perfect for both the astute investor and owner occupier. No body Corp fees. Only 15 minutes away from the Logan Hospital, Logan TAFE, Griffith University and major shopping centres.
Inspect quickly before you miss out on this great opportunity.
House 1 :
Generous Kitchen plus an outdoor kitchenette in the alfresco area
2 Living area
Kitchen/ Dining Area
AC and Ceiling Fans
Large Covered Patio
Current tenants Paying $400 Per week
Land Area – 417m2
AC and Ceiling fans
Current tenants paying $275 Per week.
Land Area : 607m2
Total land for both houses :1024M2
Disclaimer: We have taken our utmost care in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Photos for illustration purposes only !!!
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|R&H Suburb Summary||Houses|
|Number of sales||198|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||6 %|
|R&H Suburb Summary||Units|
|Number of sales||40|
|Median Rental Price||$340 p.w.|
|Change in Rental Rate (5yr)||2 %|