At this address is a house on a parcel in 5/RP19761 Toowong QLD. Based on comparable properties, its value is $800,000. Built in 1900, with 2 bedrooms and 1 bathroom.
Solid Investment House at Unit Pricing! With a 6% Yield! A unique buying opportunity exists to move into a solid first home at unit pricing or take advantage of the 6% yield as a great investment property.For the savy investor and first home buyers alike, you're presented with an opportunity to turn this property that gives the ability to purchase house and land for unit pricing into a great home within this sought after area. With a little work this property would reward with strong capital growth when compared to units.For the investors, the numbers add up! The rental yield against this property is very strong, the individual rooms are currently renting out between $200 through to $240. With existing plans that have been submitted to move and raise the existing dwelling to increase rental income with the addition of an extra 3 bedrooms.Located with public transport only minutes walk away and five minutes to the shopping and restaurant precinct of Toowong. The CBD is approximately 4kms away with easy access by car, train, bus, Citicat or bike.Existing plans drawn to raise and build in extra 3 bedroomsLarge level 465 sqm blockPerfect position for home office / businessEach bedroom can be tenanted separately - all with lockable doors.VJ panelling throughout & Solid foundations