78 Victoria Terrace

Greenslopes QLD 4120

Modern and freshly updated, it features three separate residences; with a spacious four-bedroom 2-bathroom family home spanning the entire upper level, and two additional 2-bedroom 1-bathroom flats downstairs.

Rent out all three units individually, taking advantage of the solid combined return of $1070 per week ($55,640/annum) approx. This appraisal has also yet to take into account the recent value-adding improvements, which include new paintwork, flooring, window furnishings and concrete pathways. Meanwhile, simple extras could further enhance the achievable income to create a Cash Cow for the astute investor.

Alternatively, move the family in to enjoy the upper levels north-facing open-plan living, alfresco entertaining terrace and access to the leafy rear gardens. Reside upstairs, leasing out the two lower level flats; or personally utilise two (perfect as dual-living for multi-generational families and those with independent children) while still realising an income of approx. $310 per week from the 3rd.

Either way, the propertys peaceful location just 5km from the CBD, walking distance to bus or train transport and moments from the South East Freeway on-ramps promise an enviable lifestyle and broad rental appeal.

All three units feature private entry, smart modern finishes, quality kitchens with gas cooking and ceiling fans, with verandahs running the entire length of the bright, breezy upper level. There is onsite parking for three cars plus easy unrestricted street parking for guests, and a large storage shed to accommodate bikes or garden equipment.

The address is only a 2-minute walk to the expansive Thompson Estate Reserve with off-leash dog park, metres from city-bound bikeways, and walking distance from Greenslopes and Princess Alexander Hospitals, Buranda Shopping Village with major retail.

Moments from the vibrant Stones Corner or Coorparoo Square precincts boasting bars, pubs, restaurants and cinemas, residents will also enjoy a quick getaway to either coast, easy access to Westfield Carindale or Garden City and Southbanks world-class cultural precinct; while an excellent choice of state schools, childcare and elite private colleges are within easy reach.

A rare and exciting opportunity to enter this high capital growth, inner-city hotspot. Do not delay!

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.