18 Lumley Street, Upper Mount Gravatt QLD 4122

MASSIVE $ 100,000.00 PRICE REDUCTION! Seller wants out and needs the property sold ASAP! Asking price now heavily reduced to OFFERS OVER $ 699,000.00. All written offers will be considered and will be treated on a "first in, first serve" basis!

Zoned "Medium Density", the property has future development opportunities for a 3-5 storey highrise apartment complex.

Invest smart! An opportunity to secure this CASH COW property with a potential yield of up to 7%.

Service your investment from the potential high income by either:
1. Renting out bedrooms for a maximum return.
2. Or alternatively, renting out each floor separately.

The property has dual living capacity with each floor offering:
• Hardwood timber floors, high ceilings with separate front & rear entrances.
• Formal lounge/dining.
• Open plan kitchen.
• 3 generous bedrooms with built-in wardrobes.
• Air conditioning and ceiling fans.
• Large covered rear entertainment deck.

Fully fenced to be child and pet friendly, there's wide side access to a separate lock-up garage at the rear along with yard space. Level block with a southerly aspect and has lovely street appeal.

Premier location on the southside of Brisbane:
• Minutes from Westfield Garden City Shopping Centre.
• Close to the Village shopping precinct (Coles, restaurants & specialty shops).
• Walk to Clairvaux McKillop, St. Bernards or UMG Primary School.
• Easy connection to both the SE Freeway and the Gateway Arterial.
• Various clubs & sporting venues nearby.
• Griffith University down the road.

No need to renovate or an upgrade as the property has been completed for you to begin renting out straight away!

Contact Ken or Elin today for further inquiries.