SUMMARY
Excellent Investment in Heart of Southport
DESCRIPTION
Located on the fringe of burgeoning Southport CBD, this 7 bedroom, 4 bathroom, 2 kitchen property is council approved as a private boarding accommodation with 6 tenancies in place returning over $1,200 per week.
Positioned on a wide and peaceful street just a short stroll to Australia Fair, G-Link light rail and fabulous CBD restaurants and entertainment hub, this 2-storey home has been purposefully reimagined for maximum return but could easily be reconfigured to a dual living abode with TSS and St Hilda's private schools only a short drive.
The current owner has attained council approval for material change of use to private rooming accommodation. A capital-intensive reconfiguration has allowed the current 7 non-related occupants to live in comfort and privacy and there is approval for another 3 bedrooms so up to 10 non-related persons to reside at the dwelling.
You Will Love
- 7 bedrooms (2 ensuited)
- 3 upstairs bedrooms
- 4 downstairs bedrooms
- 2 updated kitchens
- 2 ensuites and 2 full bathrooms
- 4 car parks out the back
- 607m block
- Massive open-planned living/dining upstairs with gorgeous, polished hardwood floors
- Undercover balcony off main living
- Big private back yard
- Separate laundry
- Large rainwater tank
- Undercover entertaining area on ground floor
- 20 solar panels
- Close to excellent schools, CBD, light rail, fabulous shopping and dining
- Elevated north/south aspect catches all the breeze and light
- Zoned medium density
- Council approved as private room accommodation
- $1,200+ per week rent with scope to increase (6 of 7 bedrooms currently occupied)
- All leases are periodic (month to month), perfect for owner/occupiers or investors
- DA approval for 3 additional bedrooms
- Low maintenance, good yielding investment
- Fully furnished
- Potential to reconfigure into dual living or large single-family home
- Room for pool
- Wide and quiet street walking distance to Australia Fair, CBD, G-Link light rail, the Broadwater and a short drive to TSS, St Hilda's, Surfers Paradise, Harbour Town and more.
- Council rates $1,330.00 per 6 months
- Water rates $516 per 3 months
- Electricity $106 per 3 months
Icing on the Cake
This is an emerging and vibrant area on the fringe of the CBD, benefiting from significant urban renewal. Multiple high-end single dwelling and multi-dwelling developments are complete or under way, signalling this inner-city position has potential for years to come.
Call exclusive agent Ben Fisher for more information
Disclaimer:
Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.Australia,
36 Chester Terrace,
SOUTHPORT,
QLD,
4215
36 Chester Terrace SOUTHPORT QLD 4215Located on the fringe of burgeoning Southport CBD, this 7 bedroom, 4 bathroom, 2 kitchen property is council approved as a private boarding accommodation with 6 tenancies in place returning over $1,200 per week.
Positioned on a wide and peaceful street just a short stroll to Australia Fair, G-Link light rail and fabulous CBD restaurants and entertainment hub, this 2-storey home has been purposefully reimagined for maximum return but could easily be reconfigured to a dual living abode with TSS and St Hilda's private schools only a short drive.
The current owner has attained council approval for material change of use to private rooming accommodation. A capital-intensive reconfiguration has allowed the current 7 non-related occupants to live in comfort and privacy and there is approval for another 3 bedrooms so up to 10 non-related persons to reside at the dwelling.
You Will Love
- 7 bedrooms (2 ensuited)
- 3 upstairs bedrooms
- 4 downstairs bedrooms
- 2 updated kitchens
- 2 ensuites and 2 full bathrooms
- 4 car parks out the back
- 607m block
- Massive open-planned living/dining upstairs with gorgeous, polished hardwood floors
- Undercover balcony off main living
- Big private back yard
- Separate laundry
- Large rainwater tank
- Undercover entertaining area on ground floor
- 20 solar panels
- Close to excellent schools, CBD, light rail, fabulous shopping and dining
- Elevated north/south aspect catches all the breeze and light
- Zoned medium density
- Council approved as private room accommodation
- $1,200+ per week rent with scope to increase (6 of 7 bedrooms currently occupied)
- All leases are periodic (month to month), perfect for owner/occupiers or investors
- DA approval for 3 additional bedrooms
- Low maintenance, good yielding investment
- Fully furnished
- Potential to reconfigure into dual living or large single-family home
- Room for pool
- Wide and quiet street walking distance to Australia Fair, CBD, G-Link light rail, the Broadwater and a short drive to TSS, St Hilda's, Surfers Paradise, Harbour Town and more.
- Council rates $1,330.00 per 6 months
- Water rates $516 per 3 months
- Electricity $106 per 3 months
Icing on the Cake
This is an emerging and vibrant area on the fringe of the CBD, benefiting from significant urban renewal. Multiple high-end single dwelling and multi-dwelling developments are complete or under way, signalling this inner-city position has potential for years to come.
Call exclusive agent Ben Fisher for more information
Disclaimer:
Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.Residence For SaleHouse
134/32 Bath Street LABRADOR QLD 4215
UNDER CONTRACT
QUIET TERRACE WITH ALL THE CONVENIENCE AND WALK TO BEACHFor Sale
More than 1 month ago
LABRADOR
,
QLD
1114/82 Limetree Parade RUNAWAY BAY QLD 4216
$680 per week
Spacious Apartment in Security Gated Complex$680
(per week)
More than 1 month ago
RUNAWAY BAY
,
QLD
162/83 Brighton Street BIGGERA WATERS QLD 4216
$800,000 Plus Offers
STUNNING RENOVATED TERRACE JUST STEPS FROM THE WATERs EDGEFor Sale
2 weeks ago
BIGGERA WATERS
,
QLD
YOU MAY ALSO LIKE
1918/20-38 Sandwich Street KAMERUNGA QLD 4870
Auction On Site 29 July at 5:30pm
Seller Committed Elsewhere!Auction
10 minutes ago
KAMERUNGA
,
QLD
26Chermside QLD 4032
Selling Now!
High Yield - Approx $1500 per week incomeContact Agent
20 minutes ago
Chermside
,
QLD
258/6 Minora Place RIVERVALE WA 6103
Mid $400,000's
RIVERFRONT BLISS - FULLY RENOVATED & READY TO MOVE IN!For Sale
20 minutes ago
RIVERVALE
,
WA
257 Humber Street SALISBURY QLD 4107
FOR SALE BY NEGOTIATION
ELEVATED + BREEZY POSITION WITH A FANTASTIC DECK!For Sale
29 minutes ago
SALISBURY
,
QLD
1136/2 Manning Clark Crescent FRANKLIN ACT 2913
$499,000 +
Breathtaking Views, Generous Proportions & Secure Living in the Heart of GungahlFor Sale
29 minutes ago
FRANKLIN
,
ACT
2013 Echidna Court KILMORE VIC 3764
$749,000 - $789,000
Echinda Cottage - Grace and GrandeurFor Sale
40 minutes ago
KILMORE
,
VIC
158 Haigh Court ALTONA MEADOWS VIC 3028
$775,000 - $825,000
Experience Ultimate Family Living in a Desirable Court LocationFor Sale
1 hour ago
ALTONA MEADOWS
,
VIC
2530 Sambell Road HUMBUG SCRUB SA 5114
CONTACT AGENT
A Rare Lifestyle Opportunity awaits!For Sale
1 hour ago
HUMBUG SCRUB
,
SA