3 Fitzallan Close
Kanimbla, QLD 4870

Overview

Solid Investment Opportunity In Kanimbla

3 Fitzallan Close offers a compelling investment opportunity situated in a peaceful and well-established area of Kanimbla. This property is positioned on a generous 712 square meter block, providing a solid foundation for rental income with potential for future enhancements or a straightforward hold-and-lease approach.

The residence boasts a practical and functional layout featuring four spacious bedrooms and a single bathroom. The open-plan living and dining areas are designed to facilitate comfortable and convenient everyday living. Additionally, a covered outdoor patio extends the living space, offering a versatile area for relaxation or entertaining guests. The sizable block allows for flexibility, catering to families, tenants, or potential upgrades subject to council approval.

Located in a quiet cul-de-sac, the property benefits from proximity to local schools, parks, and essential amenities, ensuring steady tenant demand and long-term investment security. Constructed in 1989, the home is built with solid materials and presents opportunities for modernization to enhance capital growth over time.

Property Features:

• Four bedrooms and one bathroom
• Open-plan living and dining area
• Covered outdoor patio/pergola
• Fully usable 712 square meter block
• Double carport plus additional off-street parking
• Situated in a quiet cul-de-sac

Investment Highlights:

• Immediate income potential with a long-term tenant in place
• Currently rented at $570 per week until February 24, 2027
• Estimated rental value of $650 per week
• Strong rental demand in the area
• Opportunity for renovation to increase capital growth
• Low-maintenance and family-friendly design

This property represents a straightforward and robust investment in a well-established suburb, offering reliable tenant appeal and promising future growth potential. It is an excellent choice for investors seeking a stable income stream with the possibility of value enhancement.

Prospective buyers are encouraged to arrange an inspection or request further information promptly, as opportunities of this nature are rare and tend to be highly sought after.

Disclaimer: The information provided is believed to be accurate and reliable; however, no responsibility is accepted for any errors or omissions. Buyers should conduct their own due diligence to verify all details.

Location