This is a unique investment opportunity for the savvy investor offering immediate returns of $1,050 per week. Featuring 2 street access on a huge 1616m2 allotment, this property consists of a dual income stream that is hard to resist.
You get a charming 3 bedroom plus sleepout Queenslander home facing Ellis Street currently returning $500pw to reliable tenants until March 2026. With full street frontage via Bawden St and separately metered and fenced, is a 3 bay shed and horse stables/facilities being rented on a long term lease by a local veterinarian at $550pw. In total, this property is yielding at an attractive 7% plus.
11 Ellis Street offers a rare opportunity to secure a property with endless options — keep both rented long term, move into the house and continue to rent the rear shed and stables, or eventually move in and use both for yourself! It’s a rare combination: big land, central location and real potential every way you look.
Contact me today for more information and to arrange a private inspection!
