Converted Queenslander Duplex Returning $825/wk!!!

Team Harpreet are excited to present Unit 1 and Unit 2 - 116 Maygar St to the market. This property is an investors dream!

The dual occupancy layout of this well-maintained, mid century Queenslander will present massive value to the astute investor or for a family looking for some privacy and separation from the kids before they move out of home. With identical layouts on either side, this Queenslander has been approved as a multi-unit dwelling and is currently bringing in $825/wk. With each unit containing 2 bedrooms, 1 bathroom, and a massive under house garage/storage area. There is so much growth potential for a property like this with its close proximity to the city, transport, and shops - the choice is yours - keep it tenanted and enjoy the high rent return, move in to one unit and rent out the other, renovate how you wish, or convert this cash cow property into your stunning dream home. The choice is yours.

Features include:

• Large main bedroom with walk-in-wardrobe for each unit
• Lounge/dining area
• Hardwood timber floors throughout
• Modern bathroom with separate toilet
• Single lock up garage with plenty of storage space & Extra off-street parking
• Plenty of storage options throughout
• Private backyard with side access
• Ceiling fans in both Master bedrooms
• A/C in 116 Master bedroom
• Modern kitchens
• Close to public transport and shops
• Less than 10 minutes drive to Brisbane, Fortitude Valley, and the airport.

Rental Information:
Unit 1 (116)
• Rent- $400/wk
• Lease ends - 16/07/22

Unit 2 (118)
• Rent - $425/wk
• Lease ends 31/03/2023

Rates:
Council - $846.5/q
Water - $660/q

Explore the area

View in Google Maps

School catchments

Windsor State School Primary Prep-6 Government 0.56km
St Mary of the Cross School Primary Prep-6 Catholic 0.79km
St Columba's Primary School Primary Prep-6 Catholic 0.82km
Wilston State School Primary Prep-6 Government 1.1km
Holy Cross School Primary Prep-6 Catholic 1.4km
Wooloowin State School Primary Prep-6 Government 1.5km
Kedron State High School Secondary 7-12 Government 1.9km
Stafford State School Primary Prep-6 Government 2.0km
Padua College Combined 5-12 Catholic 2.2km
St Anthony's School Primary Prep-6 Catholic 2.2km
Newmarket State School Primary Prep-6 Government 2.3km
St Margaret's Anglican Girls School Combined Prep-12 Independent 2.4km
Mount Alvernia College Secondary 7-12 Catholic 2.4km
Kedron State School Primary Prep-6 Government 2.5km
St Ambrose's Primary School Primary Prep-6 Catholic 2.5km
Eagle Junction State School Primary Prep-6 Government 2.6km
Clayfield College Combined Prep-12 Independent 2.6km
Kelvin Grove State College Combined Prep-12 Government 2.9km
Fortitude Valley State Secondary College Secondary 7-12 Government 3.0km
St Rita's College Combined 5-12 Catholic 3.0km
Humanitas High School - Initial Campus Secondary Independent 3.1km
Queensland Academy for Creative Industries Secondary 10-12 Government 3.1km
Humanitas High School Secondary 7-11 Independent 3.2km
Angelorum College Combined Prep-10 Independent 3.2km
St Joseph's College Combined 5-12 Catholic 3.3km
St Joseph's College - Waterford Place Campus Combined Catholic 3.4km
Compass Independent School Combined Prep-7 Independent 3.4km

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.

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