Use the $25,000 Government builders grant to bring this one back to life...
This run down cottage has endless possibilities; consider renovating/raising into your dream home, building a granny flat at the rear or leaving as a rental returning $360pw.
On entering the cottage you will be greeted by the enclosed sun room/veranda. Walking down the hallway you will see two bedrooms run off either side and then straight into your lounge room..
To the rear of the house you have a good sized kitchen with lots of space to work with and the very rear of the home is the bathroom.
The garden areas to the front and rear of the property are a blank canvass to do as you wish. The land size is 427m2 with parkland at the rear of the block. Building a garage or maybe a granny flat (STCA) are options which could add value.
I’ve said it before but this cottage is the definition of a diamond in the rough. Bring your paint brush and tool belt as this one won’t last long.
The numerous features include:
* Two large airy bedrooms and front sun room/Veranda
* Large open plan living / dining
* Great renovation project, paint externally / raise and build underneath
* Lots of storage underneath
* 427m2 flat block
* Walking distance to the green bridge & access to UQ
* Close to transport, Fairfield Gardens Shopping Center, PA hospital, South Bank and Dutton Park / Fairfield Train stations.
The property is currently tenanted on a lease until Jan 2021 and returning $360pw. The location is ideal with a bus stop just up the road, a 5 minute walk to Fairfield Train station, a short stroll to Fairfield Gardens and PA Hospital. Not to mention that the University of Queensland is only a short cycle away, across the Green Bridge.
Inspections are by appointment only. Please call Jarrod Lane from Property Network Salisbury for a private viewing.
**** There are no internal photos due to a request from the tenant ****