41 Fifth Avenue, Coorparoo, Qld 4151

*** Please scroll down to find financial information on this property***

Why you’ll love it:
This is a unique opportunity to acquire a well-maintained Queenslander in the heart of Coorparoo, currently configured and leased as three separate flats with the potential to be restored into a spacious family home. Featuring a 2-bedroom, a 3-bedroom, and a 1-bedroom flat, this property offers versatility and significant rental income in a great location, within walking distance of Coorparoo Square shops, train station, and Villa Nova College.

Key Features:
• Queenslander converted into flats many years ago
• Great investment opportunity, $1,090 per week return
• Potential to renovate into a family character home
• Gorgeous hardwood floors, leadlight windows, panelling
• High ceilings, split system air-con, under-house storage
• 6 bedrooms, 3 bathrooms, and 3 living areas in total
• Flat 1: 2 beds + 1 bath + living, kitchen, & sunroom
• Flat 2: 3 beds + 1 bath + open-plan living & kitchen
• Flat 3: 1 bed + 1 bath + eat-in kitchen + living area
• 3-car garage/shed in the rear + external shared laundry
• Neatly landscaped & maintained yard and gardens
• Short walk to Villa Nova College & Coorparoo Square
• Walk to City-bound busses and Coorparoo train station
• Short drive to Stones Corner shopping & dining precinct

Best suited for:
Investors looking for a flexible, ready-made investment in a sought-after inner-city location or those wanting to restore this charming Queenslander into a family home once again.

Council Rates - $1,650 approx. per quarter
Water Rates - $450 approx. per quarter