Unlock a unique investment opportunity with this dual-living property in the highly sought-after suburb of Coorparoo. Positioned on a generous 405sqm lot, this property offers a steady return of approximately 4.5% rented currently at $1120.00 per week combined, making it a prime choice for savvy investors looking to capitalise on a dynamic location and versatile design.
The property consists of two separate dwellings, each offering distinct rental potential, providing multiple streams of income. At the front, a charming traditional cottage awaits with the flexibility to serve as either a two-bedroom residence or a multi-purpose space. Recently updated to feature an open-plan living area, modern kitchen, bathroom, and laundry, this home delivers a bright and airy atmosphere, perfect for attracting long-term tenants or even used as a small commercial office (subject to council approval), increasing its rental appeal. Additionally, thoughtful security and pest protection measures have been put in place to ensure both safety and peace of mind.
At the rear of the property, the one-bedroom unit presents a private, low-maintenance living space with impressive views of Wembley Park. The unit is designed for privacy and comfort, featuring an open-plan living area, modern kitchen, and an elevated deck perfect for outdoor relaxation. Beneath the unit, ample storage and a dedicated laundry space add to the property's practicality and appeal to tenants.
Both dwellings are enhanced by their own outdoor decks, ensuring tenants can enjoy the perfect northerly aspect, and the tranquil surroundings of Wembley Park. This dual-living setup maximises rental income potential, providing an exceptional opportunity for investors to enjoy a well-diversified portfolio in a booming location.
The property is perfectly situated near Coorparoo Station and Coorparoo Square, making it an ideal location for tenants seeking easy access to public transport and amenities. With the added benefit of being near the expansive green spaces of Wembley Park and the conveniences of Old Cleveland Road, this property offers both lifestyle and investment advantages.
Seize the chance to secure this dual-dwelling property, offering impressive returns and the opportunity for future growth. With its prime location, versatile living spaces, and strong rental potential, this is an investment that promises both immediate returns and long-term value.
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