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Investor & First Home Buyer Opportunity – 837m² Block with Rental Income 10 Frenchs Road, Petrie QLD 4502
Price By Negotiation
Overview
Listing Number: 4457894
Land Size
837.00
m2
House
Built
1960
Petrie
Location
2
Bedrooms
1
Bath
1
Toilets
1
Living Area
1
Carports
1
Total Car Accom
Property Description

Set on a spacious 837m² block, this charming property is a fantastic opportunity for both investors and first-home buyers. Investors can enjoy immediate rental returns with a secure lease in place until August 2025, while first-home buyers have the option to take over the lease and move in once it expires.

The generous land size offers great potential for value-adding improvements. Secure this solid investment today and plan for the future!

Property Features:
• 2 Spacious bedrooms complete with built-ins and ceiling fans
• 1 Bathroom and separate toilet
• 1 Dedicated car space
• Open plan living has air conditioning
• Private entertaining area and gazebo
• Renovated laundry
• Ceiling fans throughout
• Electric hot water system
• Kitchen has electric stove and oven
• Storage shed
• 23-Panel Solar power
• Convenient location with easy access to public transport, shops, parkland, walkways, schools, university, day care centres, and the motorway

Key Benefits:
• Take over the lease now and secure this home before it’s gone.
• Move in as soon as the current lease expires in August 2025, allowing for flexibility in your plans.
• Enjoy a comfortable living space in a well-maintained home.

Quick Facts:
• Year Built: Circa ‘60s
• Current Rent: $470/week
• Lease Period: 1 March to 31 Aug 2025
• Council Rates: $480/Quarter
• Rental Appraisal: $485 to $500/week
• Block Size: 837m2

This is a great opportunity to lock in your future home while having time to plan your move. Don’t miss out—contact The Lolit Bumanlag Team today for more information or to schedule a viewing!

Inspections
Sat 22 March 2025
12:30pm - 1:00pm
Property Details
Land Size
837.00
Property Type
House
Build Year
1960
Location
Petrie
Bedrooms
2
Bathrooms
1
Toilets
1
Living Area
1
Carports
1
Total Car Accom
1
Property Features
Air Conditioning
Built In Robes
Electric Hot Water Service
First Home Buyer
Shed
Solar Panels
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Investor & First Home Buyer Opportunity – 837m² Block with Rental Income
10 Frenchs Road, Petrie QLD 4502
837.00
m2
House
Built
1960
2
Bedrooms
1
Bath
Price By Negotiation