Cash Cow Investment, House plus Granny Flat
Explore a rare and versatile investment opportunity in a popular pocket of Geebung. This unique 1970 built property features a three bedroom home and a one bedroom self-contained granny flat, both currently rented separately for a combined income of $835 per week. Ideal for investors seeking high returns, this property is brimming with potential.
• Functional kitchen with electric stove and ample storage, flowing onto the dining area.
• Air conditioned living area with access to the front sunroom.
• Three bedrooms with built-in wardrobes, master with air conditioning.
• Bathroom with vanity, shower and separate toilet.
• Fully fenced private yard with water tank and 7 solar panels.
• Separate, self-contained one bedroom, one bathroom granny flat, with air-conditioning, built-in wardrobe, including a private entrance and garden shed.
• Rates: $715 per quarter (approx), block size: 607 sqm
• Current Rental Appraisal: $510 per week till 27/03/2025 (House) and $325 per week till 05/08/2025 (Granny Flat)
• Rental Appraisal: $520 to $540 (House) and $330 to $380 (Granny Flat) per week (approx)
• Nbn: Fibre to the Curb (FTTC)
School Catchments
Prep to Year 6: Geebung State School
Year 7 to Year 12: Wavell State High School
Nestled within close proximity, you'll discover the lush greenery of 7th Brigade Park, offering a serene escape for picnics and leisurely walks. Families will find esteemed educational institutions nearby, including Geebung State School and St Kevin's Catholic School, ensuring quality education for students of all ages. Public transportation is easily accessible, Geebung Train Station is within easy reach. Brisbane City is a mere 15 kilometres away. Residents will benefit from close proximity to essential amenities, Geebung Marketplace a short distance away and Westfield Chermside providing retail options.
Call today to book an appointment to view.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Any rental appraisal advertised or provided was current at the time of the appraisal and may fluctuate depending on market movement. McGrath Estate Agents shall not be responsible should the appraisal or any part thereof be incorrect or incomplete in any way.
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