36 Vine Street

Stones Corner QLD 4120

Situated in one of the Inner city's blue-chip sought after suburbs, Stones Corner has shown strong historical capital growth but also steady rental returns as it is only approx. 5km to the Brisbane CBD with ease of access to major employment hubs, infrastructure and amenities, including major Universities such as QUT, Griffith University and UQ as well as local schools, transport, shops, parks and hospitals. This property's capital growth has even outstripped its impressive rental return over the past 10 years which equates to an extraordinary return on investment.

The home is split over two levels, with the upper floor hosting four bedrooms, two sunrooms, three bathrooms, kitchen and living area. This Queenslander showcases its classic charm through the incredibly high ceilings, polished timber floorboards, ornate fretwork and substantial rear deck overlooking the city. The kitchen provides ample white cabinetry, stainless steel appliances and stone benchtops, flowing through to the spacious living room with 5 meter high ceilings that opens out onto the immense north-facing balcony through folding timber doors.

Majority of the bedrooms incorporate built-in-robes, storage, air conditioning and ceiling fans, with the master flaunting double built-in wardrobes and ensuite. The two sunrooms could be utilised as home offices or hobby rooms, while the back deck with built-in outdoor kitchen offers an abundant space for entertaining and unwinding. This level also features air-conditioned living areas, LED downlights, fireplace in the lounge area and has recently received a fresh coat of paint both internally and externally.

Much consideration was given to the design for the liveability of the residents in the lower level with a strong focus on occupancy comfort and amenity. The intelligently designed floorplan gives each resident a spacious private room which includes mirrored built-ins, air-con and ceiling fans. All bedrooms have their own dedicated walk-in shower, mirrored vanity and toilet of which 7 are ensuited and 1 with its own separate dedicated bathroom. It also features a large combined laundry/bathroom and an open plan living, dining and kitchen area. The extensive U-shaped kitchen displays two full walls of cabinetry, two ovens, two cooktops and generous bench space, whilst the oversized laundry with adjoining bathroom offers side access to the home. The lower level also features two secure car spaces, covered back deck and fully fenced garden with courtyard.

Property Features:
- Renovated Queenslander on 607 sqm block in desirable Stones Corner precinct
- Two Storey, multi-living with 12 bedrooms, 11 bathrooms and 2 Cars spaces
- Total building size of 480 sqm approx. (Lower Level 235 sqm approx. and Upper Level 245 sqm approx.)
- Potential earning capacity of $140,000 p.a. for the entire home OR Live upstairs and rent out downstairs with huge returns
- Capital growth even exceeded the impressive rental return over the past 10 years
- High ceilings, polished timber floorboards, ornate fretwork & deck overlooking city
- Easily accessible local amenities including schools, transport, shops, parks & hospitals
- Nearby Clem 7 tunnel to the Brisbane Airport & M3 to the Gold Coast
- 5km from Brisbane CBD/QUT/ Griffith, 10km from UQ & easy access to train/bus/ferry
- Schools within catchment - Greenslopes SS, Buranda SS, St James & Villanova College
- Proximity to Stones Corner Village, nearby parks, Greenslopes & PA hospitals

Make no mistake; this golden offering is almost the last of its kind. Another property with this location and set up is a rare find indeed! When dealing with a property holding with such credentials it is hard to imagine how one could overcapitalise with the assurity of long term financial stability.

The seller is motivated and committed to selling! Set to go to Auction on the 27th of August, this is literally a once-in-a-lifetime opportunity to secure an inner-city property of this magnitude and potential income offering!

*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.

Disclaimer: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Disclaimer: the Agency believes that all information contained herein be true & correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches independently.