109 Boundary Street, Railway Estate.

109 Boundary Street offers a fantastic opportunity on a spacious 700m² block, fully fenced for privacy and to keep your pets secure. While the home could benefit from some updates, it already has long-term tenants who are happy to stay, ensuring a steady rental income. This traditional North Queensland high-set home features timber floorboards, a generous kitchen, and a family-friendly bathroom, making it a comfortable and practical living space. One of the standout features of this property is the ample storage space underneath the house. In addition to the laundry area, there is a separate storage room, providing plenty of room for belongings or potential future use. The elevated design not only offers great ventilation but also maximizes the usable space on the property, making it perfect for a growing family or investors looking to add value. Located in a highly convenient area close to the city, this property is also near the Cowboys NRL stadium and the V8 Supercar track, offering easy access to major amenities and entertainment. Private inspections are available, and a detailed video walkthrough can be provided upon request-just get in touch and we'll arrange it for you. The current rental amount is $360/week until the 9th January 2024 and the tenants are willing to stay! The future potential rental yield is expected to be $430-450/week. Key features include: - Large 700m² fully fenced block - Traditional North Queensland high-set home with timber floorboards - Spacious kitchen and family-friendly bathroom - Extensive storage space underneath the house - Laundry and additional separate storeroom under the home - Long-term tenants in place - Close proximity to the city, stadium, and V8 Supercar track - Private inspections available, video walkthrough upon request