John Smith is proud to present this fantastic money spinner.

Situated on a generous 589m2, this post-war cottage has been separated into two 1-bedroom units, each with their own separate living area, kitchen, ensuite and laundry.

Earning close to $400/wk rent for both units, with solid 12 months leases in place, it doesn’t take a genius to realise this is a positively geared property that will earn the owner an income while accruing valuable capital gains!

Perfect for the seasoned investor, or for someone entering the property market for the first time, this hidden gem is only 12 mins from Brisbane CBD, and mere minutes from Brisbane airport.

andbull; Positively geared property
andbull; 589m2 block of land
andbull; NBN connected
andbull; 12 minutes from Brisbane CBD
andbull; 5 Minutes to the airport
andbull; 5 minutes to DFO and 24hr Woolworths
andbull; 5 minutes to the blue chip suburb and racecourses of Ascot, Hamilton and Hendra
andbull; 5 mins to Portside, including all the restaurants, IGA and Cinema
andbull; Less than 2km to the M1 Gateway Motorway with direct access to both the Gold and Sunshine Coasts
andbull; Bus stop on the street with regular services to the city
andbull; 5 Minutes to the boat ramp and Brisbane River.
andbull; Future plans for a $100m mega cruise terminal at nearby Luggage Point.

Given the demand for positively geared, income earning properties, this entry level home won’t last long. A regrettable sale, the owners are motivated and need the property sold at, or before auction, and welcome all offers prior. Opportunity knocks but once. Make sure it’s you that opens the door!