Coorparoo 41 Fifth Avenue

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Why you will love it:
This is a unique opportunity to acquire a well-maintained Queenslander in the heart of Coorparoo, currently configured and leased as three separate flats with the potential to be restored into a spacious family home. Featuring a 2-bedroom, a 3-bedroom, and a 1-bedroom flat, this property offers versatility and significant rental income in a great location, within walking distance of Coorparoo Square shops, train station, and Villa Nova College.

Key Features:
Queenslander converted into flats many years agoGreat investment opportunity, $1,090 per week returnPotential to renovate into a family character homeGorgeous hardwood floors, leadlight windows, panelingHigh ceilings, split system air-con, under-house storage6 bedrooms, 3 bathrooms, and 3 living areas in totalFlat 1: 2 beds + 1 bath + living, kitchen, & sunroomFlat 2: 3 beds + 1 bath + open-plan living & kitchenFlat 3: 1 bed + 1 bath + eat-in kitchen + living area3-car garage/shed in the rear + external shared laundryNeatly landscaped & maintained yard and gardensShort walk to Villa Nova College & Coorparoo SquareWalk to City-bound busses and Coorparoo train stationShort drive to Stones Corner shopping & dining precinct
Best suited for:
Investors who are looking for a flexible, ready-made investment in a sought-after inner-city location or those wanting to restore this charming Queenslander into a family home once again.

Council Rates - $1,650 approx. per quarter
Water Rates - $450 approx. per quarter ( excluding water usage)