Sold

38 Lyon Street,
Moorooka 4105, Queensland

7 bedrooms
3 bathrooms
4 car spaces
810m² land size
House

$1,275,000


Property details

SOLD BY LIZ CRUSE!

A Fantastic opportunity here for savvy investors, developers or landbankers.

Please ensure you undertake your own investigations in regard to information contained here;
Any developments would be subject to BCC approval

At a glance:

. LMR Zoning - Abillity to add townhouses or units
. 5 Bed Qldr upper level with 2 x 1brm flats under
. City Views from ground level
. Ability to demolish existing house
. 810 sqm on 2 Lots
. Income procuding Returning $990 pw in total
. Central Moorooka location - walk to City bus, Moorooka Station and the Moorooka shopping, cafe and services precinc
. New cross river rail upgrades includes Moorooka station and surrounding precinct
. Planned urban renewal and revitalisation of the Moorooka area

Rental information:

Flat 1 upstairs - 5 bedrooms, 1 bathroom, kitchen and lounge/dining - currently each room is separately rented (rooming accommodation leases) - total approx. $550 per week
Flat 2 downstairs - 1 bedroom, 1 bathroom and kitchen - rented $200 per week, fixed term lease until Feb 2022
Flat 3 downstairs - 1 bedroom, 1 bathroom and kitchen - rented for $240 per week, periodic lease

This rare opportunity offers the immediate ability to secure this property with an excellent income stream and so many future possibilites.
MUST BE SOLD!

Explore the area


School catchments

  • Moorooka State School Primary Prep-6 Government 0.67km
  • St Brendan's Primary School Primary Prep-6 Catholic 0.79km
  • Yeronga State School Primary Prep-6 Government 1.3km
  • Mary Immaculate Primary School Primary Prep-6 Catholic 1.9km
  • Rocklea State School Primary Prep-6 Government 2.0km

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