$1,525,000

5 Bed  •  3 Bath  •  2 Car  •  425m²

Main view of Homely house listing, 20 Brisbane Street, Annerley QLD 4103
Floorplan of Homely house listing, 20 Brisbane Street, Annerley QLD 4103
Second view of Homely house listing, 20 Brisbane Street, Annerley QLD 4103
+25

Sold

20 Brisbane Street, Annerley QLD 4103

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$1,525,000

  • 5
  • 3
  • 2
  • 425m²

House Sold on Sat 9 Apr, 2022

What's around Brisbane Street

House description

“Inner-City Cash Cow! 4 Income Streams & Unbeatable Capital Growth Potential”

Auction Location: Onsite - 20 Brisbane Street, Annerley

The perfect inner-city cash cow, this versatile property on 425sqm features four potential income streams close to Dutton Park station, bus services, PA Hospital and the UQ Green Bridge.

Presented in excellent condition and featuring a functional layout, the property hosts two self-contained flats on the ground floor and an upper level with four bedrooms and two bathrooms that can be utilised for family living or separated into two additional flats.

With a total rental yield appraised at $1,290 per week, this is the ideal investment for buyers wishing to capitalise on the proximity to universities, hospitals and transport. Boasting a flexible floor plan, the property will also suit families seeking multigenerational living or a renovation project.

Upstairs Flat 1*:
- Rental appraisal $410 per week
- Large living room, sunroom, a shared kitchen, 3 bedrooms and 1 bathroom

Upstairs Flat 2*:
- Rental appraisal $250 per week
- Living area, shared kitchen, 1 bedroom with a walk-in robe and ensuite
- *Option to use the entire upper floor for family living with 4 bedrooms and 2 bathrooms

Downstairs Flat 3:
- Rental appraisal $330 per week
- Completely self-contained flat
- Open plan living and dining area
- Kitchen with stone benchtops and a gas cooktop
- Large multipurpose room and a renovated bathroom

Downstairs Flat 4:
- Rental appraisal $300 per week
- Completely self-contained flat
- Living area with a kitchenette
- 1 bedroom and 1 bathroom

Additional features include a double carport, backyard, great storage, 3x air-conditioners, two water tanks and a 6kW solar system installed in 2021.

Offering exceptional convenience, residents can leave the car at home and walk 270m to Dutton Park Station, 500m to city bus stops and 600m to the upcoming Cross River Rail. Within the new Brisbane South State Secondary College catchment and 1km from the Green Bridge to take you across to UQ. 450m from PA Hospital, 3km to Greenslopes Private Hospital, 850m from M3 Motorway and 10 minutes to the CBD – everything is close at hand.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Land details

Area: 425m²

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20 Brisbane Street, Annerley QLD 4103
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