162 Chermside Road, Basin Pocket QLD 4305

What a great investment, the house sits on a huge 822m2 block. The 3 bedroom chamferboard home built aroundabout 1960 is straddled across 2 x 411m2 blocks. This means you have already two subdivided blocks. Not only are the blocks and the house flood free there is no retaining walls meaning no water issues or upkeep with maintenance with retaining walls and plumbing issues. The blocks are flat so there is no need for cut and fill. There is no need to spend thousands of dollars getting the blocks ready to build on. Each block has a nice wide 11.7 (approx.) frontage. This allows you to build a big 4 bedroom home if you wish with 2 car lock up the frontage gives you this option.
The chamferboard house with a nice, tiled roof boasts 3 big bedrooms and a built-in verandah which is now used as a study/open area. The living space is quite large and the kitchen/meals area is very big. The house needs no maintenance and is in very good condition for its age. With a long-term tenant that has been at the property for the last 4 years paying $300 per week and wanting to stay on there is room for a rental rise. The tenants lease expires in October this year this gives you the opportunity to raise the rent to the market value of $340 per week. This also opens the door to a home owner wanting to move in.
The street appeal of the home is still very good today even after 60 odd years. The design is still very stylish and would still gather looks from people that pass by.
Outside the fully secured flat flood free block is a double carport ideal for the caravan, boat and trailer etc. Walking to Ipswich Girls Grammar School, East Ipswich State school and the local neighborhood shops is only minutes away. Take the train to Brisbane you do not need the bus or car either it is only a short stroll. If you do not like walking the bus stop is only 100m away.
The sellers of the home have had this house in their family for decades want to move on and are looking for offers. This is your chance to secure a great home with so much potential and upscale. With holding income with a long term tenant this is really a set and forget investment or you might want to move in October and create your own memories.
Please call Darren Boettcher to arrange your personal inspection.

Features:

. A rare find 822m2 block that already sits on 2 separate titles
. 2 x 411m2 blocks with wide 11.7m frontages (approx.)
. Awesome set and forget investment with a long term tenant
. Tenant paying $300 per week lease expires October 2021
. The house and the 2 flat blocks are flood free
. No retaining walls no water issues saving you thousands of $$
. Stylish 3 bedroom chamferboard House with tiled roof
. 3 Good sized bedrooms, Big living areas, Great kitchen
. Massive weatherproof entertainment area at the rear
. Very wide vehicle access to the rear yard and carport
. Ideal location to schools, shops, rail station parks and bus stop
. Motivated sellers want offers It's a great opportunity
. Contact Darren Boettcher for further information