1 Moolabin Crescent, Yeerongpilly QLD 4105

This exciting position combines 736sqm of land with a dwelling that offers over 450sqm set over two interconnected homes, covered parking, decks, storage and a fantastic ground floor, which lends itself to the operation of a home business, with over 63sqm of floor space on offer.

If you are looking to invest you will have multiple income streams coming from the one property amounting to an approximate gross annual income of $67,000. This represents a net return of approximately 4.5% per annum.

If your plan is to move in and enjoy a home with genuine dual living, then you should arrange to view. The original home, which retains period features and offers a tastefully renovated kitchen is connected to a spacious modern two-bedroom cottage by a covered breezeway / entertainment deck. This deck captures the breeze and is the perfect environment for entertaining with family and friends or for enjoying Brisbane tropical climate from your own private sanctuary.

If you are looking for an accessible site to run a business, you can potentially use the ground floor and generate an extra source of income from renting out the two homes above. The lot occupies a high-profile corner position that comes with two street access.

Yeerongpilly Station is just 700m from the home, whilst direct buses access both the University of Queensland and Brisbane City. Over the past decade there has been a massive investment in the immediate locale, incorporating Yeerongpilly Green shopping centre and the Queensland Tennis centre, both of which are on your doorstep. The home is in the catchment of Yeronga State School and Yeronga State High School.

Original Home Offers
- Two bedrooms and a third enclosed sleep out room
- A substantial study
- Living room with plaster ceiling, and A/C
- Tastefully renovated kitchen with modern appliances, expansive bench tops, and storage
- Dining area set off from the kitchen with A/C
- Bathroom with shower
- Ground floor room that offers multiple uses. Comes with A/C, a bathroom, an extra utility room, a kitchenette, and a laundry
- Adjoining the ground floor there is a 25sqm storeroom set on concrete foundations with roller doors at either end

Cottage Extension Offers
- Two bedrooms with built in robes
- Contemporary bathroom with shower over bath
- Large open plan living with leading onto entertainment deck
- Kitchenette with island bench and ample storage

Additional
- Covered off street parking for four cars
- Secondary garden shed
- 6.6 KW solar system
- NBN is Fibre to the premises FTTP, ideal for business use
- New Roof and Guttering replaced circa 2019

Offering a rare opportunity to enjoy Yeerongpilly's unrivalled lifestyle, this valuable home enjoys a superb location just over 6.5km from the city and close to bus and train services, schools, shops, and cafes. Book your inspection today.

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.