51 Leonie Street, Deception Bay QLD 4508

Welcome to 51 Leonie Street, Deception Bay.

A neat & tidy raised/ lowset home situated on a large 840m2 block with excellent side access. Currently tenanted until March 2021 making this a welcome addition to your investment portfolio OR purchase and hold until the current lease expires.

Property Features include;

> Wooden timber floors throughout lounge & hallway
> Open plan kitchen with island bench overlooking the lounge room with ceiling fan
> 3 bedrooms, 2 are carpeted, 1 with vinyl flooring, 1 with a built in robe and 2 with ceilings fans
> Spacious bathroom with shower over the bath, toilet & vanity
> Particulars; Gas hot water, Linen cupboard, Electric cooking, Water Tank
> Outdoor deck overlooking the yard as well as a BBQ area which houses the laundry

You will love the extra space on this 840m2 fully fenced block with wide side access via double gates which leading you to the double lock up shed with a double carport in front allowing covered accommodation for 4 vehicles. Still plenty of room in the backyard for a swimming pool or some backyard cricket with the kids.

For the investors, the property is currently tenanted for $320.00 rent per week equaling an approx. Gross ROI of 5.21% with the current tenants on lease until late March 2021 and would love to continue renting the property.

*There is also good potential to build a 2nd dwelling or granny flat in the backyard to maximise your return, as the home is positioned right at the front of the block giving you approx. 450m2 to utilise. *Subject to satisfactory local council approvals.

In this hot market, we are expecting immediate interest in this affordable property with great potential.

Be sure to contact Jarrod Willis today on 0402 164 516 to register your interest and arrange a private walk-through as 24 hours notice is required.