"Inner City Investment Gold" over 5% gross return!
Dual living freehold investment in the heart of revered New Farm.
Flood free in 2011 and 2022.
FULLY LEASED FOR: $2,250.00 per week / $117,000.00 per annum
* Downstairs is currently leased for 12 months for $1100 per week till March 12th, 2027.
* Upstairs is currently leased for 12 months for $1150 per annum till May 7th, 2027.
Be it investors or homeowners looking to reside in a family friendly community amongst Brisbane's best schooling catchments and within easy stroll to premium New Farm cafe and boutique shopping precinct... this home indeed has options!
Downstairs or Upstairs can be used as dual living Granny flat for extended family, suited to separate living for a Nanny or rented out as an Airbnb, long term let or a plethora of other lucrative choices... home office, gym, cinema, art studio, storage space... let the imagination run wild!
GROUND LEVEL:
- 4 Bedrooms
- 3 Bathrooms
- 1 Kitchen
- 1 Living
- 1 Study / 5th Bedroom
- Separate laundry
- 2 Carpark on-site
- Garden and Courtyard
TOP LEVEL:
- 4 Bedrooms / 6 rooms
- 2 Bathrooms
- 1 Kitchen
- 1 Living
- 1 Office/Library
- 1 Study / 5th Bedroom
- Separate laundry
- Front & Rear Balconies
FAST FACTS
Rates
Approx. $885 per quarter
Water
Approx. $363 per quarter
Rental
Downstairs - Unit 1 - Currently rented for $1100 per week till March 12th, 2027.
*Last rent increase was March 14th, 2024.
Upstairs - Unit 2 - Perfect for Owner Occupier I OR I Currently for lease at $1150 per week
Appealing to both savvy homeowners and investors alike, this is a one-of-a-kind investment which not only stacks up, but also offers value in an ideal area for quality lifestyle living in one of Brisbane's best enclaves.
When was the last time you moved into a lifestyle choice area which you could also lockup and flit off knowing that your other residence with guaranteed rent could subsidise your mortgage?
This is your chance!
You can live the dream in prestigious New Farm knowing that your abode can also double up with lucrative options galore. You are indeed spoilt for choice with this unique investment!
It's a low maintenance, set and forget dual key freehold investment which you can spaciously spread out over the entire home or rent out both residences.
Alternatively, rent out just one residence and enjoy the other residence for working week convenience or simply as a city stay-cation, a home away from home for catching a concert, art exhibition, CBD event, riverside market or just clever catch ups!
And for the lucky investor seeking guaranteed returns, solid high yield in a high capital growth area or thoughtful homeowner who will soon call this lovely abode home... Everything is newly painted both inside and out!
Now is time to seize the moment and treat yourself to 'La dolce vita' the Sweet Life... Yes of course, because you deserve it!
+ CONNECTIVITY +
Walking distance to New Farm SS (within catchment area), both James St and Brunswick St cafes / restaurants / boutique shopping, bus stop and ferry. Within minutes easy reach to Fortitude Valley SSC (within catchment area) New Farm Park, Brisbane River Boardwalks, Howard Smith Wharves, Merthyr Village, Gasworks, CBD quick commute.
Inspections: As Advertised OR By Appointment.
Onsite Virtual Tours can also be arranged.
For Sale: Present all offers.
Connect with Rebecca Ormesher on 0450 577 573
