56B Thomas Street, Kangaroo Point, Qld 4169

Presenting a compelling investment opportunity in a desirable and highly connected inner-city setting, this established rooming accommodation delivers an immediate and reliable income stream. 

All seven rooms are currently leased, generating gross incoming of $112,000 per annum on a low-maintenance 235sqm allotment with secure gated entry supporting effortless ongoing ownership in an area of consistently strong rental demand. Located in walking distance to the Brisbane CBD, you will never be short of tenants looking for fully furnished accommodation. 

Stylish modern interiors unfold across two levels of living, combining timber, stone and glass with air-conditioning. Open-plan living and dining areas occupy the ground floor, with a well-appointed kitchen featuring stainless steel appliances and access to the internal laundry. Seven private bedrooms are serviced by three bathrooms, including two ensuites, plus a powder room, providing a functional layout suited to independent occupants.

Tropical-inspired outdoor living adds further appeal, with an alfresco deck overlooking the swimming pool and artificially turfed yard, while two-car driveway parking completes the property. The property also presents as a lovely family home.

Situated in a sought-after, central address, this position provides excellent walkability and connectivity across the city. Bus stops and the ferry terminal are a short walk away for quick commutes, and the CBD is directly accessible via the nearby pedestrian bridge. 

Residents can also stroll to cafes, restaurants, bars, Dockside shops, riverside parks, the cliffs and boardwalk, while The Gabba is only 1.3km away and Howard Smith Wharves and South Bank are easily reached across the Story Bridge or Riverwalk. Proximity to major hospitals and universities further strengthens the property's appeal to students and healthcare professionals, underpinning its long-term investment credentials.

Council Rates: Approx. $722.15 per quarter
Water Rates: Approx. $523.70 per quarter

Disclaimer

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: 
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.