To enquire, please email or call 1300 815 051 and enter code 4205
PERFECT FOR FIRST HOME BUYERS AND INVESTORS ALIKE!
THREE FLATS • 362m² BLOCK • $1,420 WEEK POTENTIAL RENT • INNER-CITY FRINGE
LIVE IN ONE AND ENJOY THE INCOME FROM THE OTHER TWO
A rare multi-income opportunity just minutes from Brisbane’s CBD
Set on a substantial 362m² block on the inner-city fringe, this unique property offers three separate flats, three off street car spaces and a genuine opportunity to increase rental income.
Currently configured as:
Unit 1: Upstairs, 2 bedroom flat
Currently rented for $420 per week (well below market)
Unit 2: Upstairs, 1 bedroom flat
Currently rented for $400 per week (well below market)
Unit 3: Downstairs, 1 bedroom flat
Currently vacant, with an estimated rental value of approximately $500 per week and its own enclosed backyard.
The two upstairs flats currently return a combined $820 per week $42,640 p.a. with excellent long-term tenants who would love to remain.
With the downstairs flat leased and the upstairs rents brought closer to their estimated market levels, the property has an estimated rental potential of approximately $1,420 per week, or $73,840 per annum.
LIVE DOWNSTAIRS — LET THE PROPERTY WORK FOR YOU
The vacant downstairs flat creates an exceptional opportunity for a first home buyer or owner-occupier.
Move into the downstairs residence, enjoy the private enclosed backyard and have two established tenants upstairs contributing to your mortgage
Alternatively, lease all three flats and maximise the property’s investment potential.
Ohh did someone say AVOCADO? There 2x beautiful big trees that produce 100s of fruit
THREE FLATS. ONE BLOCK. PLENTY OF OPTIONS.
WILL BE SOLD TO BEST OFFER BY 16th OCTOBER !! IF NOT SOLD PRIOR
THE LOCATION
Positioned on the inner city fringe of Red Hill, this property is exceptionally well placed for access to Brisbane’s education, employment, sporting and entertainment precincts.
The University of Queensland’s St Lucia campus is readily accessible, while the property is also close to the Kelvin Grove/Herston precinct and the future Brisbane Stadium at Victoria Park.
And, of course, you’re just minutes from the Brisbane CBD.
A PROPERTY WITH INCOME NOW — AND UPSIDE FOR THE FUTURE
Whether you’re looking for an investment with rental upside, a first home where the tenants help pay the mortgage, or a flexible property for extended family living, 17 Westbury Street offers options that are increasingly difficult to find this close to Brisbane’s CBD.
Three flats, A large block, Multiple income streams, Significant upside.
Inspect 17 Westbury Street and see the potential for yourself.
WILL BE SOLD TO BEST OFFER BY 16th OCTOBER !! IF NOT SOLD PRIOR
Disclaimer: This information has been prepared for marketing purposes only and is not intended to be relied upon as a substitute for independent professional advice. While every care has been taken to ensure the information provided is accurate, prospective buyers should make their own enquiries and rely on their own investigations. All measurements, figures, descriptions, rental estimates, income projections and other details are approximate only and subject to change. Rental income and market rental appraisals are not guaranteed and may be affected by vacancy, tenancy arrangements, market conditions and other factors. Prospective buyers should obtain independent legal, financial, building and pest advice and satisfy themselves as to the property’s condition, use, approvals, zoning, configuration and suitability. The information provided does not constitute a representation or warranty by the agent or seller. To the extent permitted by law, the agent and seller disclaim all liability for any loss or damage arising from reliance on this information.
To enquire, please email or call 1300 815 051 and enter code 4205
