94 Ellison Road GEEBUNG QLD 4034
Offers Over $699,000

DESCRIPTION

This expansive family home or dual residence is perched on a rarely available 928sqm allotment on the top of the hill. A fantastic opportunity at only 11km to the CBD, there is an array of potential options on offer for the lucky purchaser.

1. Land bank while enjoying the dual rental income of two residences after adding this to your investment portfolio, capitalising on the future growth in the area.
2. Update the current flats to increase your rental yield even further.
3. Renovate and redesign the existing home to take advantage of all the size that is already on offer. Perfect for multi-generational living.
4. Subdivide and create two lots to sell or build on (subject to Council approval).
5. Remove the current house and design the family home that you have always dreamed of building in an elevated position.

The current dwelling provides plenty of space for the whole family and even more for multiple tenancies. An original Queenslander with character features including high ceilings, picture rails, leadlight windows and ornate ceilings has been built on and expanded over the years. Internally there is a common entry for the two upstairs flats and the downstairs area. A 4 bedroom, 2 bathroom residence comprises the majority of the property with dining room, multiple living areas, well equipped kitchen, an open deck area as well as front and rear balconies. The single bedroom flat consists of an open living/dining space, front balcony with private access and an ensuite.. To finish off the dwelling the downstairs area is huge with multiple utility rooms, a kitchenette, bathroom, storage and access to the double garage. Outside you will find side access along the western boundary, a shed at the rear of the property and a combined laundry/storage room.

NOTABLE FEATURES
- Currently set up as 2 residences
- 1 bedroom, 1 bathroom flat with separate access ($250-$275pw rental)
- 4 bedroom, 2 bathroom dwelling with multiple living spaces ($400-$425pw rental)
- Downstairs has multiple utility rooms, 1 bathroom and a kitchenette
- Fully fenced, 928sqm, gently sloping block with side access
- Clean block with services located to the street
- 24.44m (approx.) street frontage
- House can be removed (subject to Council approval)

An enviable location, close by to all amenities including, fantastic schools both public and private, Westfield Chermside, Nundah Village, both public bus and train transport and a variety of parkland including Marchant & Seventh Brigade Park with access to the Downfall Creek Bikeway. Don�t wait to capitalise on this rare opportunity.

Contact Adam today for further information before this opportunity passes you by!!!