Sold

31 Southampton Rd, Ellen Grove, QLD, 4078

$555,000
Sold on 6 Jul 2023
3 bedrooms
1 bathrooms
4 carparks
House

ENTRY-LEVEL HOME WITH SOLID RENTAL RETURNS

Investors and first time buyers should be quick to consider this tidy and well-positioned lowset brick home that occupies a large, level 728sqm and presents with an abundance of options! Upgrade, renovate, extend, rip down and build new or add a granny flat! There really are heaps of potential to be explored and plenty of profit to be found by savvy investors.

Currently tenanted until September 2023, at a reasonable return of $340 per week, giving you ample time to plan your move, renovation or reconfiguration. The home sits in a residential neighbourhood that is in close proximity to the Logan, Ipswich and Centenary motorways making it so easy to commute to the city or these regional areas. Nearby schools, public transport, parks, pools and recreational shops and supermarkets make for convenient living everyday.

The brick and tile design has been well-planned on this big block and is fully fenced with gates over the driveway. An independent double garage and separate workshop is located at the rear of the property, accessed via the driveway and connects to the home with a large concrete patio area. With a proper tiled roof and brick construct, this separate dwelling could be converted to a self-contained studio if desired and rented out for further income.

A neat layout is suited for couples or small families as it offers three bedrooms in the, all with built- in robes and ceiling fans, plus security bars to the windows. They are all close to the shared bathroom facility and has an adjoining WC.

A cute front porch and the large rear patio provide space for outdoor entertainment and the generous yard is fenced for safe play by pets or children. Inside has a combined dining area and lounge room with ceiling fans that is a good size for comfortably seating and media viewing. The kitchen is in good condition with built-in cabinetry and freestanding stove.

With a handy position, this solid house is situated close to cafes and restaurants at nearby Forest Lake, plus a major shopping centre, medical and childcare centre and numerous schools.

Property highlights include:
- Ceiling fans
- Security bars
- Double lock up garage
- Separate storeroom
- Front gates overdrive
- Fully fenced
- Water tank
- External laundry room

A great opportunity for first timers or keen renovators looking for a bargain with solid bones to work with. Call for more and come along to the next open home to inspect and gather all the details.

Disclaimer: In preparing this information we have used our best endeavours to ensure that all the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

5
Director / Licensed Real Estate Agent / Sales Agent
5
Principal / Sales Agent / Licensed Real Estate Agent

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