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VR Tour

MORTGAGE DESTROYER â RARE OPPORTUNITY

Best Offers By 20th of April

House real estate, Wooloowin QLD

Offered for the first time in 25 years, this unique property presents an exceptional opportunity for homeowners or investors seeking strong rental returns.

Step into a charming 5-bedroom family colonial residence (circa 1899), with 2 bathrooms up stairs, complemented by an additional 7 bedrooms on the lower level also with 2 bathrooms. This versatile layout opens the door to multiple income streams and lifestyle options.

Income Potential:
* Up stairs ideal for a large family or...
Rent individual downstairs rooms at approximately $200 per week, generating up to $1,400 per week
Ideal for student accommodation or shared living setups

Development Upside:
Situated on a generous 600sqm allotment with 20m frontage
Potential to subdivide into two lots (subject to council approval)
Each allotment in sought-after Wooloowin could be worth approximately $1M

Flexible Living:
Perfect for owner-occupiers-live upstairs while renting out the lower level
Create a steady passive income stream while reducing your mortgage burden

Opportunities with this level of flexibility, income potential, and future upside are rarely available. Secure your financial future with this standout property.

Enquire today-properties like this don't last long!

More Information

Property Overview

Category: House
Details: 12 4 4
Price: Best Offers By 20th of April
Area: 402m2

Property Features

Balcony
Air Conditioned
study
dishwasher
courtyard
shed

Investment Information

Gross Return: $ (not disclosed)
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: (not disclosed)
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}