2 Bayliss Street

Positioned on a prominent corner allotment, this character property presents an optimal position for owners seeking a dual occupancy investment with good exposure and off-street parking. Investors seeking a lucrative addition to their portfolio could capitalise on the existing rooming accommodation infrastructure or diversify their income stream. Within close proximity to the University of Queensland and the Wesley Hospital this six room dual occupancy property presents a unique opportunity to secure a high-performing investment in one of the inner-west's most stable markets, creating the potential to increase yields and long-term capital growth. The property includes a versatile floorplan and features that provide an excellent foundation for future improvements. The home presents significant scope to restore the existing features and reconfigure both floors to create a substantial family home in the heart of Toowong. Property Highlights: • 314m2 floor plan spread over two separate living levels • Zoned low-medium residential - with DA in place • DA to expand current floor plan and further enhance the buildings offering • Corner allotment with dual frontage • Lower level is currently provisioned for rooming accommodation or tenancy with 4 bedrooms, 1 bathroom, open plan living and a paved patio area • The upper level has previously been utilised as a home business / office space but could be used as a residence or additional rental income stream • Character features include: tongue-in-groove panelling, breezeways, sash and casement windows and original timber flooring • Split system air conditioning • Level 516m2 allotment with mature screening trees • Off-street parking for 4 cars Located just 4 kilometres from the CBD, the Toowong train station is located within an easy 700 metre walk and the Regatta ferry terminal is convenient for commuters. The University of Queensland, Wesley Hospital, Toowong and Indooroopilly Shopping Centres and countless eateries are within close proximity. Situated within the school catchments for Toowong State School and Indooroopilly State High School. The Queensland Academy for Science, Mathematics and Technology is located near. Brisbane Boys College and Stuartholme Catholic School are conveniently accessible. Offering four off-street car spaces and exceptional exposure, the property is ideally suited for investors seeking a live-in business opportunity or an asset with multiple income streams and future capital growth potential Exclusively presented by Max Hadgelias 0411 276 372, get in contact today to register your interest or to arrange an inspection. ** Any reference to property use (past, present or future) is general only and should not be relied upon and is subject to council approval. Disclaimer: This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes only.