47 Peplow Street, Hemmant QLD 4174

This is a unique opportunity to buy a property that offers a rural lifestyle on just over 14 acres of land just 11 km's from the CBD. The current 3 tenants operate a horse riding school from ?? the property with the main home and shed on approximately 7 acres with access off Peplow Street and are paying $600 p.w. and would be happy to continue. The other half of the property currently has 2 tenants, one renting the 2 bedroom house on a monthly lease and the other renting the 250m2 storage shed also on a monthly lease. The possible rental income for this property would be $500p.w. The property would suit an investor with a long term vision for development or a home business such as earth moving, building contractors, car enthusiasts, horse lover etc. The main home features 4 bedrooms upstairs, polished floors, ducted air-conditioning, ensuite, full bathroom downstairs, spacious lounge and dining that opens out to the rear terrace. There are decks to the front and rear too. There are multiple roller doors to the 450m2 shed, which has 3 phase power and separate toilet and kitchenette. Conveniently located at the end of the cul de sac with 2 street frontage and water and sewerage connected. Just 5 minutes drive to major shopping, schools, train, Port precinct and so much more.