Once a thriving, successful cafe, this freehold 1 bedroom home sits on a 243sqm block with bedroom upstairs, 2 kitchens, living, bathroom and toilet. Room for 2 cars behind home with full access off street parking, the property features a spacious front living or commercial area to run your business complete with air-conditioning and high ceilings. There is town water and power with septic tank.
For the investor, the property offers a ROI of over 10 percent @$1580 per calendar month, with the current lease in place until the 01/01/2027 and excellent tenant in place. The property provides immediate rental income with future flexibility. The large backyard facing south west, with plenty of room to run chooks for fresh eggs, grow your own vegetables and create a private outdoor entertaining area or build a large entertaining deck overlooking the rolling green hills.
Killarney is 2 hours drive from Brisbane and the Gold Coast , with shopping close by in Warwick and offers a safe community with schools, doctors, great pub, cafes, supermarket, bowls club, butcher and great lifestyle. Located in the picturesque Southern Downs region, Killarney is situated approximately two hours* from Brisbane, close to the renowned Queen Mary Falls and Cunningham's Gap,
This is a unique property that represents excellent buying with multiple future possibilities. Willow street, Killarney is located within a flood-affected area with the property recording 2 floods in 100 years. For a private inspection, contact Caitlin Harrison on 0478 686 763 for more details and to organise an inspection.
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* denotes approximate measurements.