A high set character home on an 819sqm level block, this converted Queenslander has been adapted into 3 separate flats and boasts endless potential.
Occupying a wide street frontage of 21.5m, a depth of 37m & 3 under cover car spaces at the rear of the block.
Currently generating healthy returns, this 3 flat residence hosts 4 bedrooms, 3 bathrooms, 3 car spaces and is perfectly suited to, Investors, self-managed super fund owners, or home owners looking for an Inner City renovator on a large parcel of land.
Rich in character and superbly located, the opportunity exists to split this block (STCA), restore the home to its original splendour or update and renovate and continue generating multi-dwelling income.
Spectacularly positioned in close proximity to Holy Spirit Catholic School, Wooloowin State School and Wooloowin train station. Albion, Albion train station and only a few minutes' walk to Lutwyche Shopping Centre, this home is nearby to the Northern Busway, Close to further private schools, 10 minutes to Westfield Chermside and 10 minutes to the CBD, this location offers endless convenience.
A unique property ripe with potential - this opportunity is not to be missed.
Building Break Down :
Apartment 1 & 2 : Feature 1 Bedroom, 1 Bathroom & 1 Car returning $230 per week each.
Apartment 3 : 2 Bedrooms, 1 Bathroom & 1 Car returning $330 per week.
Total of $790 per week
$41,080 per year
