23 Lower Clifton Terrace RED HILL, QLD 4059

Sold for $720,000 on 2 May 2014
  • 6 Beds
  • 2 Baths

Sold By

House in RED HILL


  • 6 Beds
  • 2 Baths

Inspections are by private appointment.
This is a significant chance to secure a rare investment with a higher than estimated rental return for your outlay. This gracious Queenslander has been transformed into share accommodation spreading over two levels and accommodating six individually tenantable rooms.

This accommodation is becoming highly sort after as the demand for good accommodation at affordable rates within our CBD suburbs is getting harder to find. This is a great asset achieving strong rental returns with good secure tenants in place.

The living arrangements are currently being managed by The Pad student living who ensure the investment meets all council regulations to ensure your investment is making maximum profits at all times. All 6 Units are returning $1060,00 p/w gross and there is still scope for further growth.

Located just 3kms north of the Brisbane CBD and 10 mins walk to QUT Kelvin Grove. The property is also within walking distance to shops and less than 100m to public transport from Kelvin Grove with buses to and from the city every 5 mins. The Royal Brisbane Hospital is roughly 500m away with KFC and Red Rooster less than 5 mins away.

This is a great house in a perfect location. Really everything an investor is looking for to add to an investment portfolio.


  • 6 Individual bedrooms
  • 2 Shared Bathrooms
  • 2 levels plus rear covered deck
  • Off street - driveway parking
  • Functional kitchen with all modern appliances
  • Wireless broadband
  • Inside bus zone 1 and 2
  • 253 meter square block

This is truly a genuine asset of Brisbane's real-estate market and is available for inspection.

  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden






Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.

Get your suburb report