31 Kitchener Street COORPAROO QLD 4151
$920,000+

DESCRIPTION

This incredible solid home situated in a convenient plus location will suit a savvy visionary, long-term investor as currently retuning very high rental return, large family or dual living buyer. If you�re seeking guaranteed, immediate high returns, fantastic long-term growth and future development potential look no further!

� Split into two apartments
� Completely renovated throughout
� All conversions are council approved
� LMR Zoned up to 3 levels
� Elevated with city views
� 1 block�s walk to key amenities!

Elevated on 410sqm with city views, the original weatherboard house has been converted (with council approval) into two separate apartments offering a total of seven bedrooms and six bathrooms.

� Downstairs has been beautifully renovated and is fully tiled. It comprises two ensuited bedrooms, plus an additional two bedrooms (paying $140 each) utilising a shared bathroom. It has a big kitchen facility with ample cabinetry, breakfast bar & dishwasher. There�s a spacious light-filled living area that opens onto the dedicated front porch and entry.
� Upstairs presents with a fresh and appealing layout with character VJ�s and hardwood timber floors. It includes a bright and airy lounge room with good storage and a designer kitchen fully equipped with Caesar stone benches and decent appliances. There are three bedrooms with ensuites, air conditioning and built-in robes.

The land has LMR zoning for redevelopment up to 3 levels of apartments. With the purchase of an adjoining block (no. 29) the new owner would have the required space to build an apartment block to maximise a superb return in this highly desirable, city-fringe suburb.

As locations go, Coorparoo has long held a prestigious position in Brisbane, being only a 5kms to the city centre, within 20 minutes to the Bayside and positioned for quick access to main roads and motorways. Transport infrastructure upgrades to the busway and future City glider make this a very attractive location for tenants and owner occupiers alike.

Nestled just one block from Old Cleveland Road, this property is within walking distance to major amenities including the Woolworths village shopping centre, medical practice, restaurants and cafes. A few minutes� walk to city bus stops & train station. It�s also close to Coorparoo State Primary and High school and Villanova College.

Other features include:

� Fenced back yard
� New aluminium windows with security screens throughout
� Laundry area x 2
� Level front yard for vehicle parking
� New paint and lots more�

Definitely a potential plus home with all the living space for the large families who are looking for dual living or smart investors who are expecting a fabulous rental return and superb land banking for future development.

Not to be missed, a chance like this doesn�t not come up often! Be quick to inspect!