Presenting an exciting opportunity for investors, first-home buyers, renovators and developers alike, this three-bedroom home offers an established rental return alongside plenty of potential to add value in the future.
Currently returning $580 per week, with a lease secured until October 2027, the property provides investors with immediate rental income while offering the opportunity to explore future renovations, improvements or redevelopment possibilities (STCA).
Inside, the home features hardwood timber flooring throughout, adding warmth and character. The practical floor plan comprises three bedrooms, a separate living area and a dedicated dining space. The kitchen offers ample storage, a gas cooktop and oven, with an adjoining laundry for added convenience. The bathroom has benefited from some recent updates and is complemented by a separate toilet.
Outside, the fully fenced yard provides space for children and pets, with a 2.5m x 2.5m garden shed offering additional storage. The property also features a single carport, security screens and ramp access through the laundry, adding to its overall practicality.
For those looking to add value, the property presents an opportunity to modernise and enhance the existing home over time, while buyers with longer-term plans may wish to investigate future redevelopment options, subject to council approval.
Property Features:
Three bedrooms
Hardwood timber flooring throughout
Separate living and dining areas
Kitchen with ample storage, gas cooktop and oven
Bathroom with recent updates
Separate toilet
Adjoining laundry with ramp access
Gas hot water system
Security screens
Fully fenced yard
Single carport
2.5m x 2.5m garden shed
Potential to renovate, improve or add value
Opportunity to investigate future redevelopment possibilities (STCA)
Investment Details:
Current Rental Income: $580 per week
Lease Expiry: October 2027
Council Rates: Approximately $1,000 per quarter
Whether you're looking to secure an investment with an established rental return, enter the property market or take advantage of the potential to add value, this property offers an opportunity worth considering.
Contact Paul on 0450 549 393 today to arrange your inspection!
Disclaimer: All information contained herewith, including but not limited to the general property description, price and address, is provided to Ray White Beenleigh by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Disclaimer: Some images used in this advertisement have been digitally edited using AI to remove personal belongings and/or visual clutter. These alterations are for presentation purposes only and are not intended to modify or misrepresent the property's permanent fixtures, features, dimensions or condition. Buyers are encouraged to inspect the property and make their own enquiries.
