Unique Opportunity to Acquire Quality Residence with Additional Income.
As you step into this beautiful remnant of the Art Deco era, the first thing you will notice is the quiet. From the dainty foyer, the authentic design continues into the large front room, with its ornamental plaster ceiling, picture rails, polished timber floors and faux fireplace, all enhanced by a stunning display of bespoke timber-framed and panelled windows highlighting the angled façade of the sitting room. A carefully crafted staircase leads from the dining space to the upper level.
Adjacent to this living space is the functional kitchen, with clean lines, white cabinetry, a walk -in pantry and plenty of storage. There are two bedrooms and one bathroom located on this ground floor.
On the second level, a large main bedroom with walk-in-robe shares a full bathroom with another bedroom. A convenient space is attached to this second room providing an opportunity to create a walk-in-robe or study.
What sets this property apart is the separate extension at the rear of the house. Four self-contained units are connected via a hallway and door. Every unit has independent entry. Currently used for income generation, these well-maintained units, along with the main house, are achieving tenant returns of $2415 per week, with potential for increase.
• 496 sq m corner position,
• LMR 2 Low – Med Density Residential (2-3 storey mix),
• 5km to Brisbane CBD,
• Bus-stop at doorstep to University of Qld and to CBD,
• Solid stucco construction,
• Split system air-conditioning throughout,
• 3 undercover car-parks,
• Private courtyard to rear of property.
• Income forecast $125,000 pa
Situated in a prime location, close to the city, university, and prestigious private schools, this versatile property offers the convenience of inner-city living. Whether you decide to retain its existing function, create your own character-filled residence with space for visiting family and friends, or a mixture of both, you will be investing in life-style and financial well-being. This property truly offers the best of both worlds.