Unique Queenslander/Apartment A quality character house at an affordable price. Great potential for both investment or owner occupier options. For investors, the property is located in a high-sought area, guaranteeing a very high occupying rate, resulting in a very attractive rate of return. For owner occupiers, the potential is endless: converting downstairs area into garage/utility spaces or raising the house to put more living spaces underneath.The house features:- Upper level: 3 spacious bedrooms, bathroom, living room and kitchen.- Lower level: second bathroom, laundry - 3 utility rooms and lots of storage space - Own back yard and front yard - Newly painted outside - Fully fenced with new front fence As this house is part of the apartment development on this lot it is in a community management scheme. The body corporate contributions are very reasonable Body corps: $3,500 (approx.) p.aRates: $1620 (approx.) p.a Ideally located in the heart of Kangaroo Point it is a short stroll to the cross-river ferry terminals, hotel, shops, restaurants, delis etc. There are many high-quality restaurants and cafes within walking distance of all areas. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle.Kangaroo Point is an upscale inner-city peninsula paradise surrounded by water and park lands. Transport needs are serviced by ferries, City Cats, Buses, Clem Jones tunnel (M7), South East freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.