Welcome to 3 Frankit Street, Wavell Heights - where comfort, space and long-term opportunity combine in one of Brisbane's most sought-after family-friendly pockets.
Positioned on a generous 559m2 allotment, this well-maintained dual-level residence presents a ready-made investment with quality tenants already in place. Offering a flexible floor-plan, light-filled interiors and strong rental appeal, this is a home designed for both immediate enjoyment and future capital growth.
Upstairs, spacious living and dining zones flow seamlessly to the expansive rear deck - the perfect setting for weekend entertaining or relaxed everyday living. The functional kitchen sits at the heart of the home, complete with ample bench space, generous storage and a practical layout that will appeal to both new-to-market investors and quality tenants alike.
Accommodation comprises three well-proportioned bedrooms, all filled with natural light and serviced by a neat and centrally positioned bathroom. Each fitted with ceiling fans to enhance tenant comfort and support strong rental appeal year-round.
Downstairs offers outstanding versatility and value-add potential. A large rumpus/multipurpose room (just shy of legal height) provides excellent additional living space - ideal as a media room, home office, gym or teenager's retreat - enhancing both lifestyle flexibility and rental attractiveness. This level also incorporates substantial storage and secure two-car accommodation, further strengthening the home's practicality.
Step outside and you'll immediately appreciate the expansive backyard. Perched on an impressive 559m2 corner allotment with dual street access, there is ample room for children and pets to play, scope to enhance over time, or potential to extend or add a pool (STCA). The size of the block and the home's flexible footprint present exciting future upside for investors seeking growth in a blue-chip location.
A snapshot of features we know you will love:
* Open plan kitchen and living areas with timber floorboards, reverse cycle air-conditioning flowing out to irresistible covered deck
* Impressive kitchen with ample storage cupboards, quality stainless steel appliances with granite bench top
* Generous 559m2 allotment with dual street access in a premium Wavell Heights pocket
* Three well-sized bedrooms all with ceiling fans, main with reverse cycle air conditioning
* Great sized and tastefully updated family bathroom
* Expansive and private covered rear deck ideal for entertaining
* Large downstairs rumpus/multipurpose room (just shy of legal height)
* Internal stairs with substantial storage space under the home
* Two car accommodation
* Strong rental appeal with future value-add potential (STCA)
* Laundry facilities located underneath and additional powder room
* Fully fenced, lushly landscaped and low maintenance 559m2 allotment
* NBN connection
* Plus much more!
Additional Information bound to be of benefit:
* Current tenanted with great long term tenants (who would love to stay) until 30/06/26
* Rates $595.40 per quarter
* Water $655.33 per quarter (based on consumption)
* Form 2 Seller Disclosure available upon inspection and request
Situated in a tightly held pocket of Wavell Heights, the home enjoys close proximity to quality schooling options, parklands, shopping precincts, public transport and easy access to major arterial roads and the Airport - ensuring ongoing appeal for both long-term tenants and future owner-occupiers.
This is a fantastic opportunity to secure an expansive parcel of land in a high-growth location with flexibility, functionality and future upside.
For further enquiry or to arrange your private viewing, please contact Dwight Colbert.
We look forward to welcoming you to 3 Frankit Street, Wavell Heights.
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