Superbly located to offer a cosmopolitan lifestyle on the cusp of Hawthorne and Bulimba’s widely celebrated dining and retail precincts, this stunning freehold home presents a prime candidate for investors seeking outstanding rental performance, or professionals, couples and families who desire the spaciousness of a large home with multiple living areas and the practicality of a low-maintenance environment.
Free from the hassle of body corp fees and sharing only one wall, this charming character Queenslander has been intelligently re-designed to lend a versatile layout spanning two generous levels, along with the rare opportunity for the astute buyer to secure additional income and cash flow by converting to a dual-living residence (STCA).
Upstairs you’ll find a flowing open plan layout that ties together a lounge and dining in air-conditioned comfort, a sun-drenched study and a well-appointed kitchen, equipped with stone bench tops and Bosch gas cooking appliances to prepare all your culinary delights. Thoughtfully appointed, the spacious master bedroom is accompanied by a large and private ensuite, whilst the second bedroom on this floor is serviced by a modern main bathroom.
Over the lower level, an additional living area flowing out on to a sun drenched courtyard, a third bedroom and a full bathroom, provide an ideal setting for teenagers, an excellent alternative to retirement living, a generous office with the luxury of separation from everyday living, or with some simple low-cost additions, this space could easily become a dual-key investment, should you wish to occupy upstairs or maximise your returns by leasing the residences separately (STCA). An astute investor could also lease each room individually offering a higher yield return.
Within an enclave where capital investment is highly rewarded, approximately 5km from the CBD, this home is currently occupied by three very reliable tenants fetching a strong rental yield.
Prominently located to enjoy the rich amenity of Morningside, this address is only footsteps to restaurants and cafes along Wynnum Road, including crowd favourite Flour & Chocolate Patisserie, a swift CBD commute via Morningside train station, local gyms and shopping at Morningside Central shopping centre.
Features:
– Townhouse on free hold title / no body corporate (strata) or body corp fees
– Peace and privacy assured
– 2 Bedrooms, 2 bathrooms plus study on upper floor
– 1 Bedroom, 1 bathroom and an additional living on ground level
– Each bedroom is essentially serviced by it’s own bathroom!
– Potential to convert to dual living (STCA) and lease each level separately
– Potential to rent each room individually once the current lease has expired
– Authentic period charm with timber floors, ornate ceilings and a lovely bay window
– Open plan, everyday living, under soaring high ceilings
– Modern updates to all bathrooms and kitchen
– Massive kitchen with ample storage, stone benches & Bosch appliances
– Oversized double lock-up garage with additional storage space
– Split system air con, ceiling fans and carpeted bedrooms
– Fully occupied with reliable tenants