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28A Serpentine Road Pinkenba, QLD 4008

Sold for $290,000 on 18 May 2017
  • 1 Bed
  • 1 Bath
  • 1 Car
Office

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Home in Pinkenba

UNDER CONTRACT! UNDER CONTRACT!

  • 1 Bed
  • 1 Bath
  • 1 Car

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.

  • Positively geared property
  • 589m2 block of land
  • NBN connected
  • 12 minutes from Brisbane CBD
  • 5 Minutes to the airport
  • 5 minutes to DFO and 24hr Woolworths
  • 5 minutes to the blue chip suburb and racecourses of Ascot, Hamilton & Hendra
  • 5 mins to Portside, including all the restaurants, IGA and Cinema
  • Less than 2km to the M1 Gateway Motorway with direct access to both the Gold and Sunshine Coasts
  • Bus stop on the street with regular services to the city
  • 5 Minutes to the boat ramp and Brisbane River.
  • 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!

Parking:

1 garage space

Bedrooms:

1

Bathrooms:

1

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Suburb

Pinkenba

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