Within easy reach of city amenities and featuring subdivision potential, this original property poses an affordable opportunity for first home buyers and key income prospects for prospective investors and/or developers.
It is among the cheapest available in its category in the current local market, which presents first home buyers with a rare opportunity to get a foot in the door to owning their place.
The property also has sound investment and potential development appeal.
It will be sold in as is condition and include a structural report, if the buyer requires it.
The basic home stands on a big level lot, with wide vehicle access possible either side to the substantial untapped backyard and a double garage.
The private front verandah provides access to a comfortable semi-open lounge, which flows to the main bedroom.
The central meals and pleasant kitchen zone leads to a second bedroom and the rear wing, which contains a utility area, third bedroom, laundry with storage and a previously refreshed bathroom.
The property is currently rented at $265 per week on periodic lease term.
Recent estimates indicate it could fetch a weekly rental income of between $430 and $460 in the current market.
Get your offer in now and make the most of this cheapie.
For more detailed information or to arrange a private viewing please contact Paul Armstrong on 0459 381 382.
This property at 31 Preiss Street, Lockyer is a three bedroom, one bathroom house sold by Paul Armstrong at Wellington & Reeves on 18 May 2025.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Lockyer or see other recently sold properties in Lockyer.
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