Two houses side by side with endless options!
IMPORTANT: WATCH THE VIDEO FOR FURTHER INFORMATION ON THE PROPERTY
Sitting side by side on Sylvan Rd, one of Toowong's thriving small business districts, these two houses provide an opportunity the few others on the market. Currently number 125 is tenanted for $600 / week & 127 is leased to a business for $750 / week. Under the council code, it is permitted to run a small residential business from these houses which opens up a multitude of options for these properties. Rent one, rent both or renovate to build your dream home or business location. It takes a Savvy investor to realise such potential, on a combined land area of 855sqm and a combined rental income of $70,200 / year. There is future development potential for both residential and commercial interests, and in the mean time, a steady stream of income.
- Renovate, rent or leave it as is!
- Combined rental income of $1,350/w ($600 + $750) - $70,200 / year
- Walking distance from Toowong Village
- Combined block size of 855 sqm
- 125 Sylvan Road 5 Bed 2 Bath 2 Cars: 417sqm
- 127 Sylvan Road 2 Bed 2 Bath 1 Car: 438 sqm
- Council Rates â€“ 125 Sylvan Road: $2,078 / year
- Council Rates â€“ 127 Sylvan Road: $1,838 / year