62 Abuklea Street

This remarkable real estate opportunity hosts a charming pre-war residence, nestled on a generous 678 sqm corner lot. Presently configured into three distinct registered flats, with no strata constraints, this property holds significant promise as an ideal investment/purchase, just steps away from transportation options, local cafes, and Newmarket Village. With two out of three apartments presently occupied by tenants, you have the option to reap immediate rental income, or reinvent this property into your ideal family home, subject to the appropriate approvals (STCA). The accommodation comprises one two-bedroom unit and two one-bedroom units, each thoughtfully appointed and boasting a variety of timeless features, including timber floors, high ceilings, traditional VJ walls, and charming casement windows. A desirable location with easy access to Wilston and Newmarket amenities, as well as the highly sought after Wilston School Catchment. A brief stroll takes you to Wilston train station and shops, Newmarket Village, and is also close to RBWH, QUT, Airport Link, and is less than a 15-minute commute to the CBD. This residence provides an idyllic setting for families looking to build their dream home or investor who is looking for property with great returns. A highlight of the features include: • A pre-war residence situated on a spacious 678sqm corner lot with ample outdoor space • An outstanding investment opportunity, currently partitioned into three registered flats with no strata obligations • Unit 1 ($380 per week) encompasses a spacious living and dining area, a well-equipped kitchen, two bedrooms, one bathroom, and parking for one car • Unit 2 ($330 per week) offers a comfortable living area, a functional kitchen, one bedroom, one bathroom, and parking for one car • Unit 3 ($280 per week) includes a living area, practical kitchen, one bedroom, one bathroom, and parking for one car • Each unit features private entrances and convenient access to the shared laundry and storage room • Preserving its classic charm with enduring features such as timber floors, high ceilings, VJ wall paneling, and casement windows • The potential for robust returns or the opportunity to reconfigure the property into your dream family home (STCA) • An expansive lot that accommodates the addition of a pool, expansion, or outdoor entertainment area (STCA) • Council rates $4,052 / annually • Unit 1 ($380 / week) 2 bed, 1 bath, 1 car until 2nd July 2024 • Unit 2 ($330 / week) 1 bed, 1 bath, 1 car until 13th October 2024 • Unit 3 ($280 / week) 1 bed, 1 bath, 1 car until 7th January 2024 Location: • 400m to Wilston station • 550m to Newmarket station • 800m to Wilston State School (Prep to Year 6 Catchment) • 950m to Newmarket Village • 1.3km to Downey Park • 2.4km to Royal Brisbane and Women’s Hospital • 2.5km to QUT Kelvin Grove Campus • 2.6km to Kelvin Grove State School (Year 7 – 12 Catchment) • 5km to Brisbane CBD