18 Beatty Road, Rocklea, Qld 4106

Positive Cashflow Residential Property Investment! Ideal for Rooming House: With its fantastic location, you can easily build a rooming house that could yield up to $2,000 per week in rental income-perfect for capitalizing on the rental demand in the area once building completed (Subject to Council or Building Approval).

A great opportunity to build a multiple dwelling at a great price 10kms from the CBD. The vacant land is allowing for a plethora of development opportunities, with the street filled with great examples of potential next steps. Located next to McDonalds, neatly tucked in the side street, this property is centrally located and yet only walking distance to transport and shops

This land could be certified (Subject to Council or Building Approval) as a Class 1b dwelling gives the right to lease each rooms individually, ideal for tenants that are looking for single occupancy spaces with modern, high quality furniture with utilities included. Otherwise, can easily be tenanted with an appraised rental of $420-$440 per week per room. Therefore, total annual rent for the house will be approximately $110,000.

Features:
• Water connections ready
• Brisbane City Council
• Lot 109
• Existing house has been demolished
• Flat land and easy to build
• No easement 
• 10.45m frontage approx
• 40.1m length approx
• 417m2 block

Location
• Bus at doorstep #110 or #117 bus direct to city
• 5 mins to Aldi supermarket 
• Walking distance to McDonalds, Hungry Jacks, Coles service station and local shops
• Walking distance to Bunnings
• Distance to CBD - Approx 10km away
• Rocklea Train Station - 5 minute drive
• Short Street Park - 2 minute walk
• Garden City Shopping Centre - 10 minute drive
• Sunnybank Market Square - 10 minute drive
• Brisbane Markets - 10 minute drive

You'll find yourself in walking distance of multiple parks and playgrounds, a short drive away from Rocklea's main shopping precinct and the famous Rocklea Flowers Markets. Start your weekend with a short walk or drive down to Rocklea's Sundays Cafe for your morning coffee, which is conveniently located across from Rocklea Train Station currently undergoing the Cross River Rail upgrade being completed.

This land won't last, please call Tina now 0410 881 288 to secure your block and build your dream home.

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.