17 Lancelot StreetTennyson QLD 4105
Property Details for 17 Lancelot St, Tennyson
17 Lancelot St, Tennyson is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 810m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (August 2020)
Tennyson is a riverside suburb located approximately 7km from the CBD. Easily accessible by train and bus to the city and located in close proximity to Brisbane’s International tennis centre and the Rocklea Markets.
This renovated post war character home on a large 810sqm 2 lot development block.
The home features original polished wooden floors, 3 large bedrooms and a fully renovated bathroom and kitchen. The large kitchen features plenty of storage, new stove, cooktop and tiled splashbacks. There is an easy flow out to the open plan living and dining, making entertaining and a relaxed lifestyle easy.
The lounge / dining space features wooden doors opening to a large covered courtyard - perfect for a summer BBQ and enjoying time with family and friends.
The home also features a double lock up garage, with room for 2 cars.
Centrally located in walking distance to the Ken Fletcher parklands, Brisbane Golf Course and approximately 5km to Indooroopilly Shopping centre there are plenty of entertainment options to suit any lifestyle.
Upon completion of Yeerongpilly Green there will be further opportunity to enjoy luxury shopping precincts, cafes, restaurants and an enviable lifestyle.
So what are the potential options?
OPTION 1
Buy and hold, either live in the property or rent it out and wait for the completion of the upcoming infrastructure to take advantage of potential growth.
OPTION 2
Move the home sideways onto one lot and the sell the other lot or build on it
OPTION 3
Remove the home and sell the two individual lots
OPTION 4
Remove the home and then build 2 new build homes to sell or rent
OPTION 5
On Lancelot Street and Vivian Street there are 2 properties that are built with independent 1-bedroom lifestyle rooms. Each room is equipped with an ensuite and a kitchenette. There is also I believe a common area that is shared by the residents and each room has parking underneath. Rent for these rooms can be as high as $320/week from my research.
Assuming you built back to back (4 x 2 lifestyle bed sits) there may be potential to generate $2500 per week.
Please note these are only rough ideas that still need to be ratified and confirmed.
OPTION 6
Raise and build yourself a larger home for your family.
For more information please call Charles Wiggett 0424 754 113.
Public Open Homes are now allowed as per REIQ advice.
Maximum of 5 people in the open home at any one time.
Inspections can also be conducted by FaceTime video or private booking, limited to 5 people at a time.
Social distancing will be strictly adhered to and sanitation prior to and after inspection will carried out.
For more information copy and paste the link below:
https://www.health.gov.au/news/health-alerts/novel-coronavirus-2019-ncov-health-alert/how-to-protect-yourself-and-others-from-coronavirus-covid-19/limits-on-public-gatherings-for-coronavirus-covid-19
Property History for 17 Lancelot St, Tennyson, QLD 4105
- 27 Jun 2020Sold for $786,000
- 07 Nov 2019Listed for Sale FOR SALE NOW
- 22 Jun 2018Sold for $745,000
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0About Tennyson 4105
The size of Tennyson is approximately 1.3 square kilometres. It has 4 parks covering nearly 17.5% of total area. The population of Tennyson in 2011 was 859 people. By 2016 the population was 1,045 showing a population growth of 21.7% in the area during that time. The predominant age group in Tennyson is 60-69 years. Households in Tennyson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tennyson work in a professional occupation. In 2011, 62.2% of the homes in Tennyson were owner-occupied compared with 70% in 2016.
Tennyson has 636 properties.
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