27 Annie Street, Woolloongabba QLD 4102

MASSIVE PRICE REDUCTION!! SUBMIT ALL OFFERS!

Investors take note! This 5 bedroom property, spread across two levels, is inner city investment gold.

The current owner bought the house for accommodation for their kids while they were studying at university. In the long run it was evident that this was the cheapest way to house the kids while they were away from home. Renting out the other rooms was a logical choice as you also receive income while your accommodating your kids. DonA¢a?¬a?¢t forget about the great tax and depreciation benefits which make this an even more appealing property.

The kids are finished university and the owner has decided to sell so an immediate sale is required. Don't underestimate the sellers motivation to have this property sold.

The property is currently let as share accommodation and returns $41,600 per annum (with the potential to increase to over $47,000 immediately).
Upstairs:
:: 3 generous bedrooms with built-ins
:: Well-appointed bathroom with spa bath plus ensuite
:: Central kitchen / living space, the perfect area to get together
:: Enormous rear deck
Downstairs:
:: 2 bedrooms
:: 1 bathroom
:: Self-contained kitchenette
:: Spacious rumpus room, another causal living space
:: Large Single remote garage
The home is just 12 years old and in excellent condition throughout with regular maintenance consistently carried out.
The location will ensure tenants are easy to come by. Just 3km to the CBD and surrounded by infrastructure. ItA¢a?¬a?¢s walking distance to just about everything. Buranda Train & Busway Stations, Stones Corner shopping and cafes, the redeveloped A¢a?¬E?Gabba precinct, itA¢a?¬a?¢s all here.
If you snooze you will lose, there will be just one opportunity to secure this cash cow!

Copy of sustainability declaration available upon contacting the agent.