Seems straightforward enough; 1920 inner-city Queenslander converted to two self-contained, two-bedroom rentals returning $450 per week-a 9.3% annual yield. Or, for imaginative buyers after an inner-city lifestyle in a renovated Queenslander, this may be a rare opportunity to achieve it. Features include classic street appeal, high and raked ceilings, French doors, T & G walls, timber floors, two-street access and an easy stroll to river and city attractions.
High-set, classic 1920 Queenslander divided in to 2 separate rentalsEach rental has 2 big bedrooms or provides the option of using 1 of these bedrooms as living area with basic functioning kitchen and bathroom Long window banks in enclosed verandahs with raked ceilings10' ceilings, T & G wallboards, polished timber floors, French doors and air conditioningElec stoves in kitchens, bathrooms with shower, tub, sink, toiletClassic Queenslander street appeal, north-east facing front yard2 garages underneath, storage and recreation potential an option 674m2 lot with big frangipani out front, plus rear street access$450pw total rent return (9.3% per annum yield)Superb inner-city location just a stroll to river and city attractions