87 Venner Road Annerley, QLD 4103

Positioned on a 910sqm allotment on 2 lots, just steps from transport, 3 major hospitals, shops and schools, this spacious and versatile site features two separate self-contained houses, city views and endless development potential or leave as is with a rental return.

With the option to subdivide, build townhouses or construct multiple new homes (STCA), you can continue to rent out the current 6-bedroom and 4-bedroom houses while deciding on your best use of the property for the best long term gain.

Ideal for investors seeking high returns from multiple houses, the homes are very neatly presented and offer fully self-contained living. The current structure returns over $100,000pa with fixed/non-fixed, and short term/long term tenant options. The property is at the ideal scenario to further improve the business return.

Property Overview:

• Endless development potential or the ideal investment
• Continue to rent out or transform with new builds (STCA)
• HOUSE 1 features triple occupancy with 6 bedrooms, 3 bathrooms and 3 kitchens/3 living areas.
• HOUSE 2 is a spacious 4-bedroom entertainer with a pavilion, pool and city views
• Current average return of just over $100,000pa
• 910sqm block already on 2 Lots
• North aspect to the rear with City Views
• Booming suburb of Annerley located only 6km from the Brisbane CBD and major hospitals

HOUSE 1: Original Queenslander Triple occupancy with 3 living areas, 3 kitchens, 6 bedrooms and 3 bathrooms. Which includes 2 self-contained areas comprising 3 bedrooms, 2 bathrooms, 2 living rooms and 2 kitchens on the ground floor each with separate entries.

HOUSE 2: Entertainer's layout with a large pavilion and swimming pool, open split level living area, including kitchen, 4 bedrooms and bathroom, with the fourth bedroom upstairs featuring 2 private balconies with city views.

Positioned in an exceptional tropical lifestyle setting, these houses are only metres from the train station and bus stops, cafes and shops, motorways, Southbank and the CBD. The Princess Alexandra, Mater and Greenslopes Hospitals are only minutes away, as is the Eleanor Schonell Bridge which takes you direct into the University of Qld St Lucia campus.

A short walk from a selection of popular schools, including Our Lady's College, Mary Immaculate Primary, Yeronga State School and Yeronga State High, this location offers everything close at hand.