5 Foote Street, Acacia Ridge QLD 4110

Here awaits the investment opportunity of a lifetime! A property with multiple residences including a three bedroom home and 3 x two bedroom and 1 x 1 bedroom units provides the home owner with a chance to live on site, while also making an income of approximately $1200 per week.

If you are simply looking to add great property to your investment portfolio, you can rent them all including the 3 bedroom house for an expected total return of $1600 per week. The three bedroom home has been fully renovated, and the four units built in 2014 are all currently tenanted which means there is little to do but start making a generous income.

The three bedroom home offers a fully tiled open plan living area, with a modern kitchen complete with stylish stainless steel appliances and dishwasher. Three good size bedrooms with mirrored built-in robes accommodate the home, all which are serviced by a modern bathroom with floor to ceiling tiles and large shower. The private front verandah allows for relaxing afternoons, and the security screens throughout provide for that extra sense of security. There is plenty of storage space under the home as well and a single car space.

The 3 additional two bedroom units and 1 one bedroom unit all have their own single undercover car spaces, with the two top floor units with covered balconies, and the lower 2 units with courtyards. The units are all complete with modern kitchens and bathrooms with laundry combined, and are finished with built-in robes to bedrooms and security screens throughout.

Features include:
- 8% return
- Total estimated income of $1600 per week.
- 3 bedroom home rebuilt and fully renovated in 2014
- 3 x 2 bedroom units (Built in 2014)
- 1 x 1 Bedroom unit (Built in 2014)
- Walking distance to schools, cafes & Iceworld Olympic Ice Rink
- Bus stops and Mortimer Road Park just a short stroll away
- Single carport to each residence
- Huge storage space under 3 bedroom house

This is truly an opportunity not to be missed. Offering great returns and a fantastic position with almost everything you need within easy walking distance, this property will make a fabulous addition to your portfolio. Contact exclusive marketing agents Demitri Pepi or Tracy Kennedy for more information.