12 Kerr Street, Toowong QLD 4066

We proudly present the ultimate opportunity of a lifetime!

Set on an enormous 1215sqm allotment (three 405m2 lots) this classic Queenslander residence presents with an exciting opportunity for the astute buyer. Positioned in the heart of Toowong on a near level block with demolition approval in place, you have the ability to exercise your options. Whether seeking immediate cash flow, a development opportunity or to build the home of your dreams - you have just found it!

The house is currently configured into 6 self-contained bedsits.
Each with it owns bathroom and kitchenette and added features of air-conditioning and ceiling fans. The currently rental return is $1,275 per week with potential of $1,525 per week (5 of the 6 bedsits currently rented).

Walk to Toowong Village, local parks and bikeways as well as Brisbane Boys College.
Excellent transport options whether it be bus, train or City Cat all are within reach. With an ultra-convenient location, in an established whisper quiet locale this property commands your attention - do not pass it by!

For more information please call Andrew Degn