This inner city Queenslander of legal height and full council approval for multi-occupancy is now available for the astute investor! This long running established property has excellent residents in place and is an incredible earner with very little work required! Fully set up to include 10 bedrooms, 2 bathrooms, living room, office, modern kitchen, undercover outdoor entertainment area and with 100% occupancy you can live in or manage remotely as everything is in place. Upstairs: - Modern kitchen - 2 bathrooms - 5 bedrooms - Living room - Huge undercover deck with tv, privacy screens and living area - Laundry Downstairs: - Kitchen - Bathroom and laundry - 5 bedrooms - Living room - Undercover outdoor area - Double garage + Storage THE FACTS: - 10 bedrooms : single rate $130 and double rate is $150 per week - Current Income : approx $1,400 per week (this could be higher) - Insurance : $8,654 per annum - Rates : $5,000 per annum - Water : $600 per annum - Electricity : $3,000 per annum - Cleaner : $5,000 per annum Net Income of $50,546 per year OR a 6.25% Net Yield! With full security and automatic direct debit for rent you can mange this property yourself remotely with no difficulty as the owners have done for many years.