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1/17 Foote Street

Acacia Ridge QLD 4110

9
9
7
668 m²
Unit
Currently for sale - view listing

Overview

Three Townhouses, One Title, $2,400+ a Week

1/17 Foote Street, Acacia Ridge This rare triplex in the heart of Acacia Ridge gives you three high-set townhouses on a single site, with a rental appraisal of $2,400+ per week. That's over $124K a year in potential gross rent from one purchase. Each townhouse is a full-sized 3-bed, 3-bath home, not a cramped investor box. Downstairs has the kitchen, with tiled splashback, oven and dishwasher, plus a laundry, full bathroom, and wood-look tiled living areas that open out to a private back patio. Upstairs, every master has its own ensuite, the main bathroom has a full-size bathtub and separate toilet, and the front unit gets a private balcony off the master suite. With an air-conditioner in every room (12 all up), tenants stay comfortable and stay put. It's brick-built and low maintenance, so there's less for you to manage, and security is covered by a mobile-linked system. Each unit has its own lockable garage, with extra parking onsite and fully concreted side access. Then there's the long game. Explore splitting the three townhouses onto individual strata titles (STCA), and you could open the door to selling one, refinancing, or holding them as three separate assets. Buyers who get in now could lock in future flexibility on top of solid cash flow. The highlights: • Rare triplex: 3 side-by-side high-set townhouses on one title • Rental appraisal of up to $2,400+ per week • Potential to strata title each townhouse individually (STCA) • Each unit: 3 bedrooms, 3 bathrooms, ensuite to master • Full-size bathtubs and separate toilets upstairs • Downstairs kitchen with oven, dishwasher and tiled splashback in every unit • Downstairs laundry and full bathroom in every unit • Air-conditioning in every room, 12 units total • Private back patio with clothesline in every unit • Front unit's master suite has its own private balcony • Wood-look tiles downstairs, carpeted staircases • Low-maintenance brick construction • Mobile-linked security system • Lockable garage per unit, plus extra parking and concreted side access • Directly across the road from The Murri School Three homes, three incomes and one smart move. Whether you're growing a portfolio or looking to set up your future, this triplex gives you the cash flow now and the flexibility later. Opportunities like this rarely come up in Acacia Ridge, so get in quick. **Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Ray White Logan City takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision. Please note online platforms search filters ARE NOT indicative to a price guide**

Features

9 bedrooms
9 bathrooms
7 carspaces
4 open car spaces
3 garage spaces
668 m² lot size
Unit

Property history for 1/17 Foote Street

2014
Sold
$1,140,000
Private Sale/Treaty on 01 Jun 2014 by Will Duggan, of Sellerbrate

Happy sellers in Acacia Ridge

87%
87% of sellers in Acacia Ridge reported that their sale price either exceeded or met their price expectations.

Acacia Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Acacia Ridge over the last 12 months.

Local market activity for 9 bedroom units in Acacia Ridge

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