Sold

20 Bunting Street,
Bungalow 4870, Queensland

14 bedrooms
3 bathrooms
6 car spaces
486m² land size
House

Price withheld


Property details

Situated Changed - Property Must Be Sold At Auction!

Unlock the potential of exceptional cash flow with this versatile investment - a two-storey, 14-bedroom share house strategically designed with amenities on both levels. Experience the lucrative world of property investment like never before.

Key Highlights:
Prime Location: Situated in a highly sought-after area on the city fringe, this share house enjoys strong demand from long term tenants, ensuring consistent rental income.

14 Bedrooms: Each level is thoughtfully designed to maximize occupancy and floor space, resulting in high rental yields.

Dual-Level Amenities: Unique among share houses, this property offers amenities on both levels, enhancing tenant satisfaction and attracting a steady stream of renters.

Cash Flow Machine: With 14 rental rooms this property generates over $100,000 annually.

Parking: Ample parking space under development adds to the property's appeal and rental potential.

Strong Tenant Demand: The combination of location, amenities, and affordable accommodation results in consistently high occupancy rates.

'Paint & Profit' Investment: Whilst the property is fully operational there is potential for cosmetic renovations to seek higher room rates.

Flexible Lease Terms: Offering flexibility to attract a wide range of tenants, from short-term to long-term renters.

This share house is a savvy investment choice for those seeking a reliable and lucrative income stream. Don't miss the opportunity to capitalize on the strong demand for shared housing in a tightly held region. Contact us today to seize this outstanding cash flow generator and secure your financial future.

Register for this upcoming auction via the below link:
https://auctionslive.com/app/bidder-registration/5ze8y

Explore the area


School catchments

  • St Joseph's School Primary Prep-6 Catholic 0.56km
  • Parramatta State School Primary Prep-6 Government 0.59km
  • Mastery Schools Australia - Cairns Campus Combined Independent 1.4km
  • Cairns School of Distance Education Combined Prep-12 Government 1.5km
  • Balaclava State School Primary Prep-6 Government 2.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top