A classic 1980's brick two-story home with great potential for the future owner in the highly sort after, yet hard to obtain Murarrie precinct. Presenting a unique opportunity to secure a 673sqm block, approx. 7 - 9 radial km to Brisbane's CBD is an opportunity not to be missed. You have 3 options - move straight in, renovate or land bank! The property is currently rented with the lease expiring on 20/7/23, giving you time to make plans to renovate, move in and slowly add your touch, or to enjoy the benefits of the rental return. Solid brick and tile construction adds to the appeal and potential of what this home has to offer. Upstairs offers hardwood timber floors, lounge, dining and kitchen with good light infused living spaces. Combined with this are 3 spacious bedrooms and the main bathroom. The front balcony area has been closed in to create another living space or home office area, and at the rear you will discover a great deck taking in lovely elevated views. Across the ground level is a rumpus room or the perfect man cave, serviced by a second bathroom, perfect for that extra space that you may need for a home office. Height from floor to beams is 2,29m or to floorboards is 2,47m - So there are options to play with, but always subject to your owner research with town planning. The 673sqm of land provides ample space for those needing room for a pool* (STCA*), you will be able to watch the kids play and enjoy the well landscaped and spacious backyard! Property Features: - 3 bedrooms all with built in robes, all complete with air-conditioning - Open-plan living upstairs includes lounge with air-conditioning and separate dining area - Refreshed bathroom includes bath tub for the children to enjoy - Polished timber floors throughout - Modern kitchen with plenty of storage and includes dishwasher - Double lock up garage with laundry - Downstairs 2nd bathroom - Downstairs rumpus perfect for media room / office area - Fully fenced yard with paved patio area and garden shed - Deck at the rear - Driveway allows for good off-street parking - Elevated for view and breezes - Landscaped yard - no work to be done! Rates and Returns: Rates approx. $566.57 per quarter Rental Return currently at $490/ week currently with lease expiring on the 20/7/23 Estimated Rental Return when re leased. approx. $530 - $550 per week Location / Nearby: - Walking distance to local Murarrie State School and minutes to Cannon Hill Anglican College, St Oliver- - Plunkett and many more - Walk to Murarrie Train Station approx. 5min - Bus Stop on Lytton Rd approx. 1 - 2 min - Easy access to Brisbane Airport approx. 12 - 14min drive - Cannon Hill Shopping Centre approx. 3 - 4 min drive from your door - Westfield Carindale approx. 11 - 13 min drive from your door - Oxford St Restaurant Strip approx. 4 - 6min drive from your door - Brew Dog approx. 13 - 15min walk from your door, overlooking the river in Murarrie - Brisbane CBD approx. 7 - 9 radial km This is a home with options, scope to add value and provide capital growth for the savvy buyer!