111 Boundary Street, Railway Estate, Qld 4810

111 Boundary Street in Railway Estate offers a fantastic opportunity for both renovators and investors. Conveniently located near the new Cowboys Stadium, the city, and the V8 Supercar track, this property is positioned in a highly sought-after area. With charming high ceilings and retro features, the home is full of potential, ready for someone to transform it. For investors, the long-term tenant of over 10 years is eager to stay, ensuring immediate rental income.

The home features two spacious original bedrooms, both benefiting from the ultra-high ceilings and direct access from the living room. A sleepout at the front offers the potential to be converted into an additional room, adding even more value to the property. The kitchen, larger than expected, opens up into the living area, and the bathroom is functional and family-friendly. Downstairs, there's ample storage space with enough height to comfortably move around, offering plenty of room for additional uses.

With double side gate access, the backyard is easily accessible, making it convenient for future renovations or vehicle access. The current tenant takes great pride in maintaining the property's lawn, and it shows beautifully. While the home would benefit from some updates, there's no rush, as the tenant is happy to remain. Private inspections are available, and we also have a video walkthrough tour that can be sent to you on request.

The current rental amount is $300/week until 18th January 2024 and the tenants are willing to stay!  The future potential rental yield is expected to be $450-470/week. 

Key features include:
- Convenient location near Cowboys Stadium, city, and V8 Supercar track
- High ceilings and retro features throughout
- Two large original bedrooms with direct access to the living room
- Front sleepout with potential for an additional room
- Spacious kitchen with servery window to living area
- Ample storage space underneath the house
- Double side gate access for easy backyard entry
- Long-term tenant of 10+ years willing to stay
- Private inspections available, video walkthrough upon request