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Great Value For A Budget Priced Home

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Living Areas Spacious L-shaped living with ample windows & polished timber floors - Large rumpus area under just needs a good spruce-up
Outdoor Living Large deck adjacent to front door & lounge room - Ample places to create lovely garden living spaces too
Bedrooms 3 bedrooms with carpeted floors - 2 doubles with big built-in robes plus good sized single bedroom
Bathrooms Fully tiled bathroom with tub & separate shower recess plus separate toilet
Car Accommodation   Double carport - good gravel driveway
Land size & grounds   A neat, but not manicured, gently sloping 607 square metre red soil block with some very nice trees and lawns

It is hard to believe that this neat and well kept cottage in pretty Jenyns Road has been rented for 15 years! The current tenants, who are packing up to move, have been here for 5 years and have clearly treated the home as if it were their own. Better still, the owners are local residents who have understood the need for maintenance as needed and kept the home in good order during its long period as an income producing property. Like most rentals properties, the garden is nothing spectacular, except for some really beautiful trees on the street frontage, but it is neat and tidy, giving new owners the opportunity to create their own special garden in the deep red volcanic soil here.

When you see most homes that have been rented you usually think, “This needs a new bathroom and kitchen!”. When you see this home you will notice that both the bathroom and kitchen are in good order and there will be no need to factor in those extra costs for the foreseeable future. Everything, including the tiled laundry, looks pretty spic and span on the upper level. The only things we can see that might add to the charm and appeal would be some new modern window treatments, some new light fittings and a quick repolish of the timber floors. The home is certainly quite comfortable and liveable as it is, so these fresh touches would just add in your own personality and help to make it feel your home.

Good solid timber internal stairs lead down to the very large enclosed space under the house that offers so much unrealised potential. It would be a superb space for anyone who wants to work from home or enjoys a space greedy hobby such as weaving. It would also make a great kids’ rumpus area or could be retained as a perfect large storage area. There is already provision for an extra toilet on this level that has never actually been connected, and maybe an extra shower & vanity could be added too. The concrete floored space has been lined and has windows and a set of ranch sliders fitted as well as a small paved terrace shaded by a nice tree in front of the ranch sliders.

As we said in the introduction, this is an ideal home for First Home Buyers who can see the value of the locality directly across the street from the 4th tee of the golf course and the economy of buying a home that can be moved into right away without the expenditure of lots more cash, which most first home buyers don’t usually have. At the same time, it is obvious that there is the opportunity for a few improvements that could increase the value of this cottage quite substantially. It is currently rented at a low $300 per week. As the owner said, “You don’t keep putting up the rent when you have had a very good tenant for 5 years”! This rental is below current market value, which is probably more like $330 - $335 per week in “as is” condition.

We definitely can recommend your personal inspection of this little beauty at this price!

A Jolly Good Home At A Jolly Low Price ... $399,000

e-mail MARILYN to arrange your inspection - 24 hours notice requiredclick

For Service With A Smile

phone Marilyn McPhail on 07 5545 1800 / 04 1774 0406

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For Service With a Smile
Shop 10, Tamborine Plaza, Beacon Road,
North Tamborine, Queensland, Australia 4272

Phone61-7-55451800 Fax61-7-55452747 emailinfo@lanerealty.com.au
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Last updated 28 January, 2010