379 Bolsover Street, Depot Hill, Qld 4700

Offers over $349,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
627 mΒ²
Area

Published on Wednesday, July 22, 2026 ( See property details for 379 Bolsover Street, Depot Hill, Qld 4700)

Offers over $349,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained highset weatherboard investment property with flexible living spaces, rear lane access, and immediate rental income in Depot Hill.

🏑 Property Highlights

  • Immediate rental income with existing tenancy
  • Solid rental yield of 5.77%
  • Structurally sound highset weatherboard home
  • Flexible layout with two bedrooms, sleepout, and study
  • Rear lane access enhancing site functionality
  • Air-conditioning in the main living area

✨ Key Features

  • Built in robes
  • Fully fenced
  • Air Conditioning
  • Open-Plan Living
  • Water tank
  • Security Screens / Gates
  • Separate study
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Waterfront / Views
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379 Bolsover Street
Depot Hill, QLD 4700
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Vertical aerial view β€” 379 Bolsover Street
379 Bolsover Street — Vertical Aerial  •  Depot Hill, QLD 4700  •  Nearmap © 2026

Depot Hill is a sought-after residential suburb known for its convenient location, established community, and proximity to local amenities. It offers a mix of traditional homes and investment opportunities, making it ideal for tenants and investors alike. The area features accessible transport links, parks, and local shops, ensuring a comfortable lifestyle. With a strong rental demand, Depot Hill continues to attract tenants seeking a practical and well-connected community.

What is the current condition of the property?
The property is a structurally sound highset weatherboard home with a practical layout, well-maintained for immediate rental use.
What are the ongoing costs associated with this investment?
Ongoing costs may include property management fees, council rates, insurance, and maintenance, which should be considered in your investment analysis.
Is the rear lane access suitable for future development or modifications?
Rear lane access enhances site functionality and may support future modifications, subject to council approval.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants should be confirmed through due diligence with the local council or relevant authorities.
What is the history of the tenancy and rental payments?
The property currently has an established tenancy with a reported rental yield of 5.77%, providing immediate income.
Are there any upcoming council or development plans in the area that could affect the property's value or tenancy? Has the property been inspected for any structural issues or required repairs? Are there any easements, zoning restrictions, or covenants that could impact future use or modifications? What are the total costs involved in transferring ownership, including stamp duty and legal fees? Is there any history of flooding or bushfire risk in the area that could affect insurance or safety? Are there any planned or ongoing construction projects nearby that could cause noise or disruption? What are the terms of the current tenancy, and are there any lease restrictions or conditions? Is the property compliant with all local building codes and regulations? Are there any additional costs for maintaining the rear lane access or fencing? What is the long-term outlook for rental demand and property appreciation in Depot Hill?

379 Bolsover Street, Depot Hill, Qld 4700 - More Details

Offers over $349,000

This highset weatherboard residence presents an opportunity for investors seeking an income-producing asset with an existing tenancy and a reported rental yield of 5.77%. With tenants already in place, the property offers immediate cash flow from settlement, reducing vacancy risk and eliminating the need to source occupants upon acquisition.

The home is structurally sound and provides a practical floor plan that caters to a broad section of the rental market. Comprising two bedrooms, a sleepout, one bathroom, and a separate study, the property offers a level of flexibility that is often sought by tenants requiring additional living, working, or storage space. The combination of traditional construction, functional layout, and established tenancy makes this property a straightforward addition to an investment portfolio.

The presence of rear lane access further distinguishes the property from standard residential holdings. Features that improve accessibility and site functionality can support future flexibility and may enhance overall property utility. While investment decisions should always be based on individual due diligence and financial objectives, rear access remains a characteristic that is regularly viewed favourably within the residential property market.

For investors seeking an asset with immediate income, established tenancy, and a practical residential configuration, this property presents a clear opportunity. The dwelling offers multiple functional spaces, tenant-focused features, and a solid rental return, supported by a structurally sound building and secure allotment.

Key Investment Features:

Existing tenancy in place providing immediate rental income
Current rental yield of 5.77%
Structurally sound highset weatherboard home
Two bedrooms plus sleepout
Separate study
One bathroom
Air-conditioning in the main living area
Fully fenced allotment
Rear lane access
Established residential investment opportunity

This property represents a practical acquisition for investors seeking a tenanted asset with established returns, functional accommodation, and features that continue to support tenant demand in the residential rental market.

Call Nathan today to arrange an inspection or get further information!
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
627 mΒ²
Study
1
House Size
108 mΒ²

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