37A Mclennan Street

Albion QLD 4010

Indeed, this property presents an ideal investment opportunity, catering to a diverse range of potential buyers. For investors, the property offers a versatile rental income (renting out as either one or two habitable properties), making it an attractive option for those seeking returns on their investment. The multi-generational families can appreciate the flexibility and privacy provided by the separate living spaces, accommodating different generations under one roof while maintaining independence. Additionally, owner-occupiers have the option to rent out the downstairs unit, offering a viable strategy to minimize mortgage repayments and ease financial stress. This property's adaptability and income potential make it a versatile and appealing choice for a variety of buyers with different needs and preferences.

Snapshot of Features:

Upstairs:
- Large lounge area with air conditioner unit
- Kitchen with granite benchtops, gas cooktop, electric oven, range hood, dishwasher and sky light
- Dining area that flows from kitchen
- Main bedroom with air conditioner unit, walk-in wardrobe and private ensuite
- 2nd bedroom with air conditioner unit
- 3rd bedroom with build-in wardrobe
- Polished floorboards, high ceilings (3.2m) and ceiling fans throughout
- Main bathroom with shower and toilet
- Real vj board walls
- Sunroom at the front perfect for enjoying a morning coffee or afternoon drink

Downstairs:
- Architecturally designed self-contained granny flat
- Open plan design with room for lounge and dinning area
- Contemporary kitchen with gas cooktop, electric oven, rangehood, microwave and space to put a dishwasher
- Main bedroom has built-in wardrobe, air conditioner unit and access to bathroom
- 2nd Bedroom with fan and built-in wardrobe
- Bathroom with oversized shower, toilet, floor to ceiling tiles and double access to living area and main bedroom
- Laundry nook with washing machine and dryer
- Hybrid flooring and vj panelling walls
- Insulated and sound proofing material used

Additional Features:
- Double garage with remote door, extra shelving perfect for storage, workshop nook and internal laundry for upstairs
- Inter-wired security system
- External staircase leading down to courtyard
- Shared courtyard area
- Two close lines (one for each dwelling)
- Private electrical meter for granny flat
- BCC Rates: $379.95 per quarter
- Rental Estimate: $1,100 per week - $5.2% Gross Income

Walk to Albion Station or alternatively, the local bus stop is across the road and the Lutwyche underground bus station is just a short walk. Also quick access to the gateway arterial and airport is on offer. Everything you could want is at your doorstep. Highly regarded Windsor State School and Kedron State High School Catchments. Holy Cross Primary School is just around the corner.

Albion used to be one of Brisbane's best kept secrets, but is now a popular long term investment for families, professionals and investors. With easy train/bus/bike access to the CBD, a number of great public and private schools to choose from, Albion restaurant and cafe precinct, plenty of local parks and a 5-10 minute drive to the airport through the tunnel. It's hard to look past it.

Call Now to secure this opportunity

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Licence number: 32346