2 Davenant St, Banyo QLD 4014

*** Under Contract ***

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This is a very well maintained, 3 bedroom, highset house. Having been fully painted both inside and out over the past 5 years and with a new roof fitted, the new owner will be left with nothing to do for the foreseeable future. The house comprises 3 double bedrooms, large open plan kitchen and living area, polished hardwood floors throughout, outside deck areas front and back. Downstairs, in addition to the double garage, there is a very usable area which leads to an additional toilet, laundry area and kitchenette. The new owners of this property will also find themselves enjoying the quietest street that they have ever known. Just watch out for the cats that sleep in the middle of the road without a care in the world.

The house is surrounded by a neat and low maintenance garden. This can be left as it is, simply a fortnightly or monthly trim and edge, depending on the season. Alternatively it is the blank canvas, ready for the green-fingered Picasso, with all of the back-straining, clearing work already done.

Situated within easy walking distance to public transport, local schools, shops, cafes and restaurants, including the recently completed Woolworths Shopping Precinct, the location is simply perfect for any family.

For the investor: this property is conveniently located just 3 minutes walk from the Australian Catholic University, one of the fastest growing educational organisations in the country. There will never be a shortage of tenants, as shown by the 90% occupancy rate which has been achieved over the last 3 years. It is currently fully occupied at $415 per week. And if it suited the new owner, the house can even come complete with all furniture and appliances; nothing to do except collect the rent!! For the owner-occupier, tenants are flexible and able to vacate prior to settlement.

Banyo the suburb, being only 10km and 10 train stops from the city, has seen huge expansion over the past few years and this shows no sign of slowing down with upgrades to the Gateway Motorway access well under way. The Airport link brings the city even closer to this suburb and improvements to Kingsford Smith Drive will further add to the appeal of this region. The local train station has even received an upgrade in readiness for continued expansion. The suburb has seen a large number of apartment complexes being constructed in the last couple of years and Banyo now has an extensive range of quality cafes and restaurants; it even boasts a wine bar. This is all in a suburb that just a few years ago, was commonly recognised as having a distinct regional feel.

Whether it be as an investor or owner occupier, this is the perfect time to buy into a suburb which is sure to demonstrate continued capital growth. Requirements from a house will often change with time; this is the perfect property to suit a wide range of circumstances. Its always good to have options.

All reasonable offers will be given full consideration.