AUCTION IN ROOMS 6PM THURSDAY 30TH MAY AT
RAY WHITE PROPERTY CENTRE
62 MERIVALE ST, SOUTH BRISBANE
LOCATED ACROSS FROM THE BRISBANE CONVENTION CNTR
Located in a convenient street close to the Corso, public transport and within walking distance of University of Queensland, is this large double storey Queenslander style home, currently used to facilitate short term leasing to students and sporting teams with high rental returns.
Complete with 6 + bedrooms, 3 bathrooms, 2 kitchens, separate living areas, alfresco entertaining area + upstairs deck, double car accommodation and side access for boat or trailer, on a 847m2 low maintenance block...this home is large enough to accommodate an extended family or rent out as student accommodation.
Features such as VJ walls, lead lighting, smoke alarms in each room (compliant with council regulations), individual bedrooms all lockable with separate keys, separate entrances and more...a total package suitable as a spacious family home, or keep as investment property with attractive yields in a great inner city location.
Owners also own similar property with comparable returns at 56 Sunbeam Street, Fairfield, and can sell either as a package or individually. The owners are willing to discuss a rent back option for a period of time, depending on sale price negotiated. Whilst perfect for student accommodation, could also be rented out to two families separately as each level is self-contained.
Fairfield is only 4 kilometres from Brisbane CBD and very close to all amenities in Brisbane including two major hospitals, parks and Dutton Park train station, there is a bus stop 150 metres from the house. The Gabba, Southbank, Brisbane Convention Centre and The Pat Rafter Queensland Tennis Centre are all close by.
Interest rates are at a 50 year low, now is the time to invest; you cannot lose with a location so close to the city and a property so suited to facilitate students/boarders with ease. Cracking opportunity, owner is motivated to sell, short campaign, act immediately this yield will be hard to beat!
