24 Birdwood Street, Coorparoo QLD 4151

For Sale

2 beds

2 baths

2 parking

RARE DUAL INCOME OPPORTUNITY

This rare opportunity, in the heart of Coorparoo, offers investors an exciting chance to capitalise on a high growth location.
Currently configured as two 1 bedroom, 1 bathroom flats on a freehold 395m2 corner block the property was recently returning $560 per week ($290 p/week - unit 1, $270 p/week - unit 2).
Unit 1 is currently vacant, ready for a cosmetic update or new tenants to move straight in.
Unit 2 is still tenanted for $270 per week, to a long term tenant.
The unique nature of 24 Birdwood Street comes with the possibilities involved.
You can (*subject to council approval):
- Retain the property in its current form, sit and forget, with a solid dual income stream
- Renovate the current dwelling, adding capital improvement and increasing rental yield
- Extend or redevelop the current dwelling*. The current owners have a previously approved DA (has now lapsed) redevelop the property, offering an extremely rare development opportunity

Unique in nature, unmatched in location, chances like this simply do not present themselves on a regular basis.
Don't miss the opportunity, enquire now.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details

• Type: House
• Bedrooms: 2
• Bathrooms: 2
• Garage Spaces: 2