Description
This property is great for families being in a quiet elevated position with great views over next to large park. It has 4 large bedrooms, built-in wardrobes in every room (a walk-in wardrobe in the main bedroom), 2 bathrooms and 2 toilets. Large Kitchen, 2 living areas and a large deck. A high quality Rinnai instant gas hot water system was recently installed.
For investors, this property has a proven record of high rental yields. Being next to the USQ campus, it attracts returns of $400+ p/w renting out rooms to university students. The garage (listed as garage but converted to a large room for rental purposes, can easily be re-converted by replacing the removed stored rolled door under house) has been converted to an extra bedroom and there is the possibility of converting more space (extra dining room) into rooms, potentially yielding $500 p/w.
There is some wear and tear to the building. The bathrooms need to be replaced as water damage has occurred to the sub flooring. This presents an opportunity to update and customise these rooms. We have a quote with contact numbers for $7280 to fix floor and repair bathroom areas which we can provide if requested. The house must be purchased in its present condition and buyer will be responsible for all repairs (no due diligence clause will be entered into contract of sale, this will be responsibility of buyer)
For investors, this property has a proven record of high rental yields. Being next to the USQ campus, it attracts returns of $400+ p/w renting out rooms to university students. The garage (listed as garage but converted to a large room for rental purposes, can easily be re-converted by replacing the removed stored rolled door under house) has been converted to an extra bedroom and there is the possibility of converting more space (extra dining room) into rooms, potentially yielding $500 p/w.
There is some wear and tear to the building. The bathrooms need to be replaced as water damage has occurred to the sub flooring. This presents an opportunity to update and customise these rooms. We have a quote with contact numbers for $7280 to fix floor and repair bathroom areas which we can provide if requested. The house must be purchased in its present condition and buyer will be responsible for all repairs (no due diligence clause will be entered into contract of sale, this will be responsibility of buyer)