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House

34 Bowen Avenue Albany Creek, QLD 4035

Sold for $535,000 on 22 Aug 2019Floorplan
  • 4 Beds
  • 3 Baths
  • 2 Cars
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34 Bowen Avenue, Albany Creek, QLD 4035

House in Albany Creek

AS GOOD AS REAL ESTATE GETS!

  • 4 Beds
  • 3 Baths
  • 2 Cars

For the investor - we're constantly asked to hunt for listings with potential to pay for themselves & for some buyers the search has almost become a mirage with nothing ever available. You can stop right here. With a total rental potential of $975 per week in rent...need we say more?!

With three separate established income streams, a quiet yet highly convenient family friendly location and an affordable price range there is nothing left to do but make your offer and let the cash flow begin.

For the first home buyer- Move in immediately upstairs and enjoy a spacious top floor 3 bedroom, 1 bathroom freshly painted space, while benefiting from a $610 p/w rental income from other tenants.

As per the floorplan, the property is currently set up as follows:

Upstairs Level of the House:

  • 3 Bedrooms
  • 1 Bathroom
  • Polished Timber Floors
  • Well Appointed Kitchen
  • Separate Entrances & Front Enclosed Balcony
  • Not Currently Tenanted but recently has been on lease at $365 per week

Rear Council Approved Granny Flat:

  • Modern, Open Plan Studio Setup
  • 1 Bathroom
  • Kitchen
  • Separate Entrance
  • Currently tenanted on lease $275 per week

Downstairs Level of the House - Shy of Legal Height:

  • 2 Utility Rooms
  • 1 Bathroom
  • Kitchen
  • Tiled, Open Plan Living
  • Separate Entrance
  • Currently tenanted on lease $335 per week

At present, tenants share a communal laundry, the leases are all privately managed by the owner and the owner pays for internet, electricity & water as included within the rent. There is a covered triple carport on site for tenant use.

Let us repeat...$975 per year & sure to improve year on year this is a no brainer at almost 9% gross return on your purchase. Or live on site with a massive $610 p/w paying off your mortgage!!

Serious offers will be considered, please register your interest with the agent today.

Features:
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Polished Timber Floor
Land:

587m² / 0.14 acres

Parking:

2 carport spaces

Bedrooms:

4

Bathrooms:

3