An idyllic bayside cottage and studio apartment, or a lucrative investment with double the bang for your buck, this renovated house and completely transformed studio are the perfect package full of wonderful opportunities. Move straight in, lease, or split the difference. Regardless of the decision, you won't lose a beat by securing this slice of real estate in the heart of a glorious coastal location.
Both properties are currently leased until August for a combined rental income of $740/week, so if now's not the right time to enjoy your own bayside bliss then be secure in the knowledge that you're making money while you wait. The cute-as-a-button three-bedroom, two-bathroom character cottage offers a surprising amount of space across a modern interior. Accessible via a separate entry is the ensuited studio which appears as new following major building work.
This lucrative dual income property, at 15 Westbrook Street, offers but is not limited to:
+ Renovated character cottage and transformed studio apartment
+ Tenanted until August (house - $450/week, studio - $290/week)
+ Main cottage has three bedrooms, two bathrooms plus study nook
+ Studio offers ensuited bedroom, kitchenette and lounge/dining area
+ Combined current annual rental return of $38,480
+ Move into one or both properties, lease one or both properties
+ A short stroll to the esplanade, 20 minutes to Brisbane Airport
* Important: We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research. Photos of the property are from 2021, except for the drone photography which is more recent. A physical inspection will reveal a newer impression of the dwellings.
