42 Boonaree Street,
Sunnybank 4109, Queensland

Here's a property that might not make the best first impression but is situated in one of the best Sunnybank locations, and has so much to offer a keen renovator, seasoned investor or savvy home builder - you just have to take close look with your 'property potential' cap firmly in place!

When it comes to the right opportunity it's often all about location - well this one certainly ticks the box in that category. Located two minutes' walk to Mains Road and under 5 minutes' to buzzing Market Square it has incredible convenience. On top, you are walking distance to city express bus links, state run schools, train station, tavern, medical specialty centres and private hospital, not to mention a few minutes to Sunnybank Plaza and just down the road from the motorway and Griffith University to name just a few location highlights!

The current solid brick highset has been converted into student-style accommodation with four independent units (two on each level). Each has their own entry point, bedrooms, kitchen, living area and access to a bathroom facility. They are rented out and generate a healthy weekly return.

The block sits on the corner of Boonaree and Renniks Street with 582sqm in total land span and decent frontages. The dual accessibility is a key benefit for future development, be that a brand-new high-quality home to occupy, or a dual-key design or duplex set up. Either way there are heaps of options to consider with this good-size, well-positioned land.

Another possibility is returning this original large house back to it's former orgins with a reconversion and renovation across the two levels to transform it into a fantastic family home of scale and quality. High quality new or renovated homes in this area are in very strong demand and would return on value, with the land alone continuing to improve in value.

Definitely one for experienced builders or project renovators to consider and undertake their own feasibility to discern the true potential on offer. Call now for more details information and to arrange an inspection.

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.