63 Langton St

Banyo QLD 4014

House

Currently for sale - view listing

Overview

BANYO GOLD MINE - HIGH YIELDING RETURNS

Presented to the market for the first time is this exceptionally high yielding Class 1B Banyo Rooming Complex. Achieving a phenomenal $124k gross yearly rental income. This complex is comprised of 1 extra-large executive studio on the ground floor plus 4 open-plan studio units upstairs. 3 out of the 5 tenancies have been long standing tenants of 6+ years, a rarity with this sort of property composition. The 4 upstairs studio units are fully furnished and feature their own private kitchenettes, bathrooms, open plan living areas / bedrooms + great sized built-in wardrobes. The ground floor oversized studio is also fully equipped with tasteful furniture, dual built-in wardrobes, spacious living/dining, private kitchenette, bathroom and an expansive private grassed backyard. The ground floor also comprises a fully-functioning kitchen and shared laundry space with 2 washing machines, for tenant convenience. This is a highly sought after highset rooming complex with the added benefit of 2 lock up garages. Positioned on a 405sqm allotment in a nice, quiet street. Conveniently located just minutes to Banyo shopping centre, train station and easy access to major arterial roads on the Northside. Act now to secure this excellent investment opportunity as rooming complexes of this calibre do not come to market too often! By private appointment only, contact Hero - 0439 673 884

Features

5 bedrooms

5 bathrooms

2 carspaces

2 garage spaces

House

Happy sellers in Banyo

93%

93% of sellers in Banyo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Banyo over the last 12 months.

Local market activity for 5 bedroom houses in Banyo

In the last 12 months, 7 five-bedroom houses similar to 63 Langton St, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at QPSR Realty