9 Sawtell Lane, Auchenflower, Qld 4066

This rambling Queenslander has been converted into 5 flats with the potential to add value. Located in a sought-after inner city suburb just 4km from the CBD, and spanning a large 857sqm double block with two street frontage, it's just a 10 minute walk from Auchenflower Station, Wesley Hospital and cafes. It's an opportunity to invest, renovate, or perhaps a foothold into the property market. Live in one while collecting rental income to help with mortgage costs?  Run a business? So many options!

Eagle eyes will spot clues that under the business-like exterior this building was once a generously proportioned home. The wide 1.5m halls, pressed metal ceilings and VJ walls give away the game that this was no tiny workers cottage, but a spacious and grand home.  Built at a time when homes were built by craftsmen, and with materials that will outlast many modern homes. 

Looking out towards Mt Coot-tha, these neatly presented studios and one bedroom apartments offer a tidy living area, practical kitchen and bathroom. 

Long-term tenants in place, produces consistent rental return
Immediate income stream with future development potential
Subdivide (STCA) or land bank to maximise capital growth 
Communal laundry, access to off street parking via Sawtell Lane
Near Toowong Village, parks, coffee shops, casual dining spots
Central to The University of Queensland and prestigious schools

This outstanding parcel of prime real estate is an exciting addition to your investment portfolio. With Brisbane's rental market continuing to surge, you cannot pass-up this rare and highly desirable offering.