32 Young Street, Annerley

Historical Queenslander with Dual Income

Sold for $771,000

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Historical Queenslander with Dual Income

 

Situated in a highly sought after residential area; smart investors, renovators, and owner occupiers alike will appreciate the outstanding value that this prime position has to offer.

 

A historical, double gable Queenslander sits proudly on 425m2. Bay Windows provide aesthetic appeal and increase ventilation throughout.

 

The interior exudes character with patterned cornice, moulded ceilings and French doors with leadlight glass.

 

The property currently earns dual income from 2 flats.

 

Flat 1: One bedroom
Currently rented at $250 / week to January 2021.

 

Flat 2: Two bedrooms
Currently vacant and ready to rent, or ripe for renovation to maximise your return.

 

Each flat includes a rear courtyard, laundry, secure car accommodation and storage room.

 

The conveniently location ensures the flats are popular with hospital employees and University students
- 500m to the PA Hospital
- 1.7km to the University of Queensland
- 500m to Buranda shopping village
- 3.5km to the City
- Within the catchment of the new high school (Brisbane South State Secondary College) set to open in 2021.

 

The property has been well maintained. The iron roof was replaced in 2016. There is still plenty of value to add by renovating. Timber floors are waiting to be sanded and polished to show off their true potential.

 

Other features:

- Quiet street

- Established gardens

 

Size
Up stairs: 130m2
Garage and store rooms: 144m2

 

A clever investment for your Super Fund or Owner-occupiers have the ability to rent out the neighbouring flat as a source of income.

 

Please contact Eagle Real Estate to inspect on 3394 1077 or 0439 781 640.