This property is a house on a lot in 93/RP863575 Sippy Downs QLD. We estimate its value at $490,000. Constructed in 1994, featuring 1 bedroom and 1 bathroom.
New 12 month lease now in place at $600 per week This one is going to impress and will be quickly swept off the market by any astute investor or local Sippy Downs family wanting that extra space that you won't find anywhere else.A huge floor plan consisting of 7 bedrooms and three bathrooms, no that was not a misprint and yes you read that correctly - 7 bedrooms in total with two living areas and the property situated on a 813sqm corner block, this is a once in a lifetime offering that you don't want to miss.Previously a 5 bedroom home and now a converted garage into two additional fully functioning bedrooms that have been used for the last 13 years as student accomodation renting each room individually offering some very healthy returns as a key addition to a strong investment portfolio.Each bedroom has been previously rented at $165 - $185 per week to local students that can walk up the road to the Sunshine Coast University or across the road to work, thats a total weekly return of $1,155 - $1,295 or a annual gross return of a whopping $63,600!If your growing family needs a bigger home than this one is for you! A practical and well functioning floor plan that offers ideal separation between parents and kids from one end of the house to the other with space for everyone.Plenty of off street parking with an oversized driveway and dual street access from both University Way and James Cook Drive providing the opportunity to run a business from home or live in for generations to come.Key property features:- 7 bedrooms, 3 bathrooms- New 12 month lease from 04/05/2020 at $600 p/week- Plenty of off street parking, dual street access- Potential second driveway access via James Cook Drive - Freshly repainted internally & bond clean ready- Big 813sqm corner block offering endless opportunities - Oversized driveway off University Way- Huge front and rear yards