17 Bredden Street, Chapel Hill QLD 4069

ALSO KNOWN AS 2 CHAPMAN STREET. More photos to come Offered together, this property has been split into 2 separate homes on the same title. This income producing property is for the astute buyer capitalising on the rental yield. The property has 7 bedrooms in total & 3 bathrooms & can be leased out by the bedroom or each individual level. Each level has its own private entry. Renting out properties by the room has become increasing popular as rental values for a whole property start to become more unaffordable for many tenants particularly for students & single people. The property is just a very short stroll to buses, 500m to Kenmore shopping centre or just 2km to Indooroopilly shopping centre. Downstairs has just had a makeover with 3 bedrooms (one has an ensuite) & 2 bathrooms in total. There is also a main living/dining area & a complete kitchen. The following rental returns may be expected; *Bedroom 1 with ensuite $250pw *Bedroom 2 $150pw *Bedroom 3 $150pw Upstairs there are 4 bedrooms & one bathroom (2 of the bedrooms are very large). There is also a bigger living /dining area, kitchen & separate bathroom. The following rental returns may be expected; *Bedroom 4 $200pw *Bedroom 5 $200pw *Bedroom 6 $180pw *Bedroom 7 $150pw This brings combined gross annual return to around $66,560 per annum. The other choice is live on one level & rent out the other level. Further value can be added to the property by adding carports to the property for covered off street park plus other areas you might like to improve. This property may be going to Auction or advertised without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.