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30 Latrobe Street East Brisbane QLD 4169

NO INSPECTIONS SCHEDULED
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7 3 4
$1,100,000+ Offers Invited

Family Home with Income - Live in one part, rent out the other to pay off the mortgage!

30 Latrobe Street, East Brisbane
Recently completed 30 Latrobe is a unique proposition; a trendy "inner-city" styled development of a 5 bedroom house and a 2 bedroom apartment, both on one title under a fully approved dual-occupancy arrangement. With soaring ceilings and innovative design features throughout this property will appeal to a range of buyers; investors will love the ongoing yield and the capital appreciation offered by the dynamic location whilst families looking to live conveniently close to the CDB will enjoy the benefits of the dual-occupancy arrangement; live in one part and rent out the other, if desired, to offset the mortgage.

The property is arranged over a generous 422sqm block with secure access via an electric gate off Latrobe Street. The house and the flat are separately metered for gas, water and electricity and have dedicated water tanks for car washing and garden maintenance. All council approvals are in place and can be provided along with a full tax depreciation schedule and capital allowance for tax planning purposes.

With plans afoot to abolish negative gearing and a halving of the capital gains discount this is an opportunity lock in a sound investment prior to the forthcoming election.

Both the house and the apartment are currently rented, bringing in approximately $1,145 per week ($59,540pa). Mortgage payments on $1,000,[email protected]% = $1,060pw

1/30 Latrobe Street (The House) - 5 Beds, 2 Bath, 2 Kitchens, 1 Car
A contemporary restoration of the existing house arranged over two levels. Let until 31 July 2019 @ $720.00pw. The house is planned as two self-contained levels, each with their own front gate and entrance. The upper and lower levels are connected by an internal stairway which can be locked off.

Lower level
* 3 beds, 1 bath, open-plan living, modern kitchen
* Private fully fenced and secure garden
* Air-con to lounge, fans, polished floorboards
* Intercom access, Lockable garage

Upper level
* 2 beds, 1 bath, open-plan living, modern kitchen
* Breezeway room, plantations shutters
* Polished floorboards

2/30 Latrobe Street (The Apartment) - 2 Beds, 1 Bath, 1 Car
"Inner-city" styled apartment with separate entrance to the house. Arranged over two levels. Let until 10 August 2019 @ $425.00pw

Lower level
* 2 beds with cupboards, modern bathroom, open-plan living, modern kitchen
* Air-con, fans, polished timber floor and staircase, spacious study area
* Intercom access, Lockable garage

Upper level
* Spacious open-plan living area with high timber ceilings
* Entertainer's balcony in leafy surroundings, city views
* Modern kitchen with 5-burner gas cooktop
* Polished floorboards

30 Latrobe is only 250m to Mowbray Park and the Citycat services, IGA, cafes and restaurants and only 4 km to Brisbane's CDB with major transport routes on Wynnum Road. Highly-regarded Churchie School is 5 mins by car.

The site and floor plans are included in the photographs.

INSPECTIONS BY APPOINTMENT - CALL CHRIS WHITE 0407 526 868
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Key Features

Land
422 m²
Last updated 03:00AM on Mar 19th 2019
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RE/MAX Riverside Graceville

Shop 4, 335 Honour Avenue
Graceville QLD, 4075

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RE/MAX Riverside Graceville

Shop 4, 335 Honour Avenue
Graceville QLD, 4075

Agent Information

More property from RE/MAX Riverside Graceville
10/41 Coonan Street40 North Point19 Governor Terrace2/53 Princess Street16-22 Comer Street