Lovely Home on a Prime LMR Allotment!
It is our pleasure to present this solid low-set brick home to the market. Situated on a 587sqm Low-Medium Residential (LMR) block, this property offers strong investment potential, with both immediate rental income and long-term growth opportunities.
Currently tenanted by long-term occupants who also run a small business from the property, it provides instant returns for investors from day one. The kitchen and bathroom have been renovated and provide easy access to the open-plan living and dining area. All three bedrooms are generously sized, and buyers will love the enclosed external utility room - perfect as a large home office or additional rumpus area.
Set back from the street and privately tucked behind attractive lattice work, the home is surrounded by established gardens and generous outdoor spaces, creating a pleasant and practical setting.
Features include:
• 587sqm Low-Medium Residential (LMR) zoned block
• Open-plan living and dining with polished timber floors
• Neat kitchen with ample storage
• Three good-sized bedrooms, all with ceiling fans, two with built-in wardrobes
• Functional bathroom with separate toilet
• Large air conditioner in the living area, plus an additional air-conditioned office - ideal for home business use
• Timber doors opening to paved front patio and shaded outdoor entertaining area
• Solar panels (5kW capacity) and solar hot water system
• Rainwater tanks plumbed to toilets and laundry
• Large enclosed shed, two smaller enclosed sheds, and one open shed for ample storage options
• Massive insulated and tiled undercover entertaining area to the side
• Screens on many windows and doors
This home will primarily appeal to investors seeking reliable rental income and future growth in a rapidly changing suburb. However, with the first home buyer grant threshold recently increased to $1 million, it could also represent an affordable entry point for owner-occupiers looking to add value over time.
Acacia Ridge remains one of Brisbane's most accessible and well-connected suburbs, with schools, shops, transport, and major employment hubs all nearby.
