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37A McLennan Street
Perfect Dual Living Home
Inspection By Appointment
This property seamlessly combines the timeless elegance of a classic Queenslander on the upper level with an architecturally designed, fully self-contained granny flat on the lower floor. Upstairs, the residence exudes charm with traditional features like high ceilings, polished floorboards, vj walls and beautiful fretwork, while downstairs showcases contemporary architectural elements, striking a perfect balance between old-world charm and modern functionality.
The property is meticulously maintained, radiating a sense of care and pride. Its prime location adds to its allure, situated centrally with walking distance to train stations, convenient bus access, and close proximity to shops, restaurants, cafes, and gyms. This combination of classic and modern living, coupled with its well-kept condition and strategic location, makes this property a highly appealing and versatile living space.
Indeed, this property presents an ideal investment opportunity, catering to a diverse range of potential buyers. For investors, the property offers a versatile rental income (renting out as either one or two habitable properties), making it an attractive option for those seeking returns on their investment. The multi-generational families can appreciate the flexibility and privacy provided by the separate living spaces, accommodating different generations under one roof while maintaining independence. Additionally, owner-occupiers have the option to rent out the downstairs unit, offering a viable strategy to minimize mortgage repayments and ease financial stress. This property’s adaptability and income potential make it a versatile and appealing choice for a variety of buyers with different needs and preferences.
Snapshot of Features:
– Large lounge area with air conditioner unit
– Kitchen with granite benchtops, gas cooktop, electric oven, range hood, dishwasher and sky light
– Dining area that flows from kitchen
– Main bedroom with air conditioner unit, walk-in wardrobe and private ensuite
– 2nd bedroom with air conditioner unit
– 3rd bedroom with build-in wardrobe
– Polished floorboards, high ceilings (3.2m) and ceiling fans throughout
– Main bathroom with shower and toilet
– Real vj board walls
– Sunroom at the front perfect for enjoying a morning coffee or afternoon drink
– Architecturally designed self-contained granny flat
– Open plan design with room for lounge and dinning area
– Contemporary kitchen with gas cooktop, electric oven, rangehood, microwave and space to put a dishwasher
– Main bedroom has built-in wardrobe, air conditioner unit and access to bathroom
– 2nd Bedroom with fan and built-in wardrobe
– Bathroom with oversized shower, toilet, floor to ceiling tiles and double access to living area and main bedroom
– Laundry nook with washing machine and dryer
– Hybrid flooring and vj panelling walls
– Insulated and sound proofing material used
– Double garage with remote door, extra shelving perfect for storage, workshop nook and internal laundry for upstairs
– Inter-wired security system
– External staircase leading down to courtyard
– Shared courtyard area
– Two close lines (one for each dwelling)
– Private electrical meter for granny flat
– BCC Rates: $379.95 per quarter
– Rental Estimate: $1,100 per week – $5.2% Gross Income
Walk to Albion Station or alternatively, the local bus stop is across the road and the Lutwyche underground bus station is just a short walk. Also quick access to the gateway arterial and airport is on offer. Everything you could want is at your doorstep. Highly regarded Windsor State School and Kedron State High School Catchments. Holy Cross Primary School is just around the corner.
Albion used to be one of Brisbane’s best kept secrets, but is now a popular long term investment for families, professionals and investors. With easy train/bus/bike access to the CBD, a number of great public and private schools to choose from, Albion restaurant and cafe precinct, plenty of local parks and a 5-10 minute drive to the airport through the tunnel. It’s hard to look past it.
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Licence number: 32346