Rare Hill End Opportunity. - $650000

Description

Tucked away in this quiet, leafy pocket of West End, this elevated 4 bedroom Queenslander presents an opportunity not to be missed. For the Owner Occupier: Pristine polished timber floors grace the living areas and bedrooms, and the characteristic high ornate ceilings give this home a great sense of space. A large entrance room, once the front porch, leads into the central living area, from which 3 of the four bedrooms are found. The original side verandah, enclosed long ago, provides an ideal workspace or study. The kitchen, set at the back of the home, is totally functional in its original condition and awaiting your makeover. A huge storage area underneath is also an ideal place to work on your favourite pastime. There is a large garage at the back of the block, currently used as a studio, but ready to return back to car accommodation. Situated on a 506sqm (20perch) corner block, its current elevation enjoys a tree lined outlook toward Mount Coot-tha. This can be drastically improved if the home was to be raised. Just picture being able to stroll down to the river of a Saturday morning to pick up the groceries from the West End Markets. You are literally 200m from the river here, a fantastic location that will only get better with age. For the investor: West End continues to outperform the surrounding inner suburbs with its low vacancy and high rental rates. With some intuitive thinking and elbow grease, this home could be transformed into high yielding student accommodation. The citicat and buses are but a short stroll away, as is the river and parkland. The current tenants would love to stay, making it an ideal situation for you while you organise the plans and approvals. Our vendor knows exactly where the state of the market is, and has priced this fantastic property accordingly. Its times like these people make their fortunes.. Why not you? The closure and conversion of Riverside Drive into parkland in the final planning stages, and this will add tremendous value to the local residents, restricting traffic and providing a magnificent riverfront parkland.