17 Bramston Terrace, Herston QLD 4006

This "cute as a button" Cottage's potential doesn't lie in its charm and character alone but also in its hidden investment charm. Currently one level and split into two units - it brings in great rental return for a small property.

The current owners have maintained the property really well and will remain tenants for a minimum of 12 months (with an option to extend for 12 months more). Confirmed tenants for at least 12 months - can this purchasing opportunity get any better?

The big question is what the new owners will do to unlock the full potential of this site. The current zoning is BR4 and the options are endless! Increase the size of the current home at the back and add extra bedrooms? Turn the property into shared accommodation to significantly increase potential returns? Build in underneath and make the house a huge family home? So many options, so much potential!


Current Features:

- Situated on a fairly flat 405sqm block.
- 1930's Cottage, with lovely roofline and many original features remaining. Original floorboards throughout.
- Front unit includes living and separate dining space, large open-plan kitchen, 1 very large bedroom with a wardrobe and a bathroom.
- Back unit includes a small balcony, large combined living and dining room, separate kitchen, a large bedroom with a wardrobe and a bathroom.
- Underneath the house are some built-in storage rooms, a communal laundry and access to an internal stairway up to each unit.
- Potential to raise and build in underneath to create more living space and or bedrooms (Subject to Council Approval).
- Front of property maintains 3-4 car spaces, back of property offers a lovely backyard area (nice and flat).
- The current home offers a great starting point for any changes, extensions, additions.
- Close to University, Kelvin Grove Shopping Precinct, Royal Brisbane Hospital and the City.

Investment Opportunity:

- The sellers will lease back the property for 12 months with a 12 month extension option. They will pay fair market rent to be negotiated with new owner.
- Great future potential as rooming accommodation, or in building an extra unit or two downstairs (STCA). Rent back gives great opportunity for new owner to maintain strong income whilst getting Development and Building Approvals through from council.


Why Buy 17 Bramston Tce?

The residence as it stands today is very easy to maintain, and is in great condition, you could buy it and do nothing - just sit back and take the rent, however the real potential is in what you could do to the property to dramatically add value.

The opportunity that this property offers to its new owners is it's real plus. Offering so much potential for further development to create a strong investment opportunity or simply extend the current home to make a huge family residence. Whatever you decide to do, you can do it with the comfort of buying in a premium suburb that will remain popular with buyers.