Description
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Description:
Situated on a sprawling 1618sqm (4 lots) of prime LMR-zoned land in the heart of Herston, only minutes from the vibrant CBD and popular QUT, sits this
Situated on a sprawling 1618sqm (4 lots) of prime LMR-zoned land in the heart of Herston, only minutes from the vibrant CBD and popular QUT, sits this absolutely unique investment opportunity.
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Two fabulous Queenslander homes, renovated to an enviable standard and currently operating as student accommodation, present themselves now as the ultimate income-producing investment. Comprising 15 rooms and 14 bathrooms between the two, this is shared accommodation and its finest, ensuring an extremely healthy return and occupancy rates that consistently remain at an outstanding level. No surprise, considering each home is fully air conditioned and offer modern kitchen with stainless steel appliances PLUS well-zoned living and entertaining areas.
Currently returning approximately $132,600 per annum, with each room renting foe between $135 and $210 per week, it is also easy to see the value in what is on offer here.
