875 Sandgate Road, Clayfield QLD 4011

Here’s an investment opportunity that will appeal to the savvy real estate minds out there – a sprawling 668m² corner block that has been developed as a boarding house! It consists of two separate dwellings and a myriad of other features, all located in a coveted and convenient part of Clayfield. Let’s take a closer look.

The main and largest dwelling is the registered boarding house, allowed to take up to ten residents. In it there are 8 separate flats, each with a bedroom, shower and kitchenette. There is a large common area, with shared male and female toilets attached to it.

Then there is a second smaller dwelling, which consists of a two-bedroom flat with a shower. This makes a total of 9 flats altogether. In addition to this are two storage sheds, one being 6m x 3m, the other 1.5m x 4m. There are two covered carport spaces too.

The property comes with some solar power installed, and there is one electricity and one water meter for both dwellings. The total rent collected is $2,040 per week.

With Brisbane Airport just minutes away, Clayfield has surged forward in recent months, becoming a more and more attractive investment option. This residence is primely positioned to capitalise on this, offering the following location benefits:

• There is plenty of public transport nearby, including a bus stop directly outside the property. It’s a short walk to another bus stop on junction road, where the bus takes you to Kalinga, Wooloowin, Brisbane CBD and Spring Hill.
• You’re less than 15-minute from the Brisbane CBD.
• Ross Park and Kalinga Park are a short walk away.
• Shopping wise, you’re not far from DFO Brisbane, Nundah Village, Racecourse Village, Shaw Road Shopping Village, and Market Central Lutwyche Shopping Centre.
• It sits in the catchment area for Eagle Junction State School and Aviation State High School and is walking distance to both.
• St Rita’s College, St Agatha’s School, and Clayfield College are a short drive away.

If you’d like more information on this exceptional investment property, please get in touch with The Henry Wong Team^®. We’d love to help!

Disclaimer:

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information.