97 Sherwood Road, Rocklea, QLD, 4106, Australia

To enquire, please email or call 1300 815 051 and enter code 4144

IF YOUR BUDGET IS $750,000 or MORE
IF YOU WANT TO LIVE IN THE HOUSE
OR IF YOU ARE A PROPERTY INVESTOR
CURRENT RENTAL INCOME $1590/WEEK or $82,680/YEAR.
RENT WILL INCREASE SOON
Contact the owner for the various options available.
Based on independent research, valuation of the property is $1.5m-$1.6m
EXPECTED FOR WHOLE HOUSE $1.4M Rental Return: >5.9%
If you are a low-income earner with a passion in property investment in this high value market, following story of the owner of this house might encourage your investment decision.
I, the current owner of the house started my 1st real estate investment 27 years ago with an income of $9.50 per hour as a permanent casual worker in Brisbane. I migrated from India in Oct 1996 as a permanent resident with a cash of only $3000. I current own 6 properties in QLD.
My salaried income is not very high. I am currently 65yr+ and hence I need to sell this high earning property or a part of it to be debt free.
If you can buy 50% now and live in it, I will be able to guide so that you can buy the whole house in next 10 years or less.

This property was built on a 498m² block in 2006. The home offers 341m² of thoughtfully designed living space, perfect for large or multi-generational families. Six bedrooms and seven bathrooms provide exceptional flexibility and comfort.
A second living area flows seamlessly to the outdoors.

Key features
- Land: 498 m²; Floor area: 341 m²
- 6 bedrooms all with attached bath and en-suite in upper floor
- 2 out of 6bed rooms have balcony overlooking to the road
- large kitchen cum dining with lots of storage area upstairs
- 1 spacious living area upstairs
- 4 onsite car space + 2 remote controlled tandem carparks.
- Outdoor Entertainment Area
- Large Indoor Entertainment Area in downstairs (18.7mx3.5m) under cover with lots of windows for natural light and air.
- 5mx3.5m undercover open area without window adjacent to the large (14mx10m) backyard. This space is separated with automatic roller door for easy access of cars or equipment for making a swimming pool in future.
- additional large (3.5mx3.5m) bathroom with water connections for spa, shower, vanity. Fully tiled floor with 7th toilet
- Large laundry room in ground floor
- Fully fenced for privacy
- Balcony for relaxing with a view
- Dishwasher space in the kitchen
- Built-in robes in all 6 bedrooms
- Secured parking
- Broadband / NBN connection

Additional benefits
- Modern kitchen with practical storage and integrated appliances
- Plenty of lockable storage area in the kitchen for the tenant of each bedroom
- Easy-care finishes and plenty of natural light
- Convenient Rocklea location with access to parks, shops, transports, schools, hospitals, universities

This property offers exceptional room to live and grow, plus the convenience of onsite parking for 5 without the need of moving cars.
Upper concrete floor is fully tiled with low maintenance.

Concrete slab separates ground floor from 1st floor with additional fire safety.

Core filled reinforced concrete blockworks with plenty of large windows gives plenty of undercover low maintenance enclosed area to share by all.

In case of family gathering or party, 18 cars can be parked onsite.
6 at the back, 6 under cover, 6 at the front.

For more information or to arrange a viewing, contact us.
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If you become a part owner of the house and wish to live in the house, you will have the opportunity to earn by managing the remaining rooms for the owner.

You will have opportunity to buy remaining rooms as your situation changes.

You will be getting opportunity to start a home business with the current owner.

Legally binding agreement will be in place if you want to be a part owner of the house with me.
The owner received a very good offer but <$1.4m for the whole house from an investor but did not sale since his expectation is to help low-income earners to buy their own homes for mutual interest.

Price guide:
3-bed, 3-bath, 3-car space
$750,000, 50% share jointly with the owner.

4-bed, 4-bath, 4-car space
$1.0M, 66.7% share jointly with the owner.

5-bed, 5-bath, 4-car space
$1.2M, 83.3% share jointly with the owner.

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DETINATION DISTANCE FROM 97 Sherwood Rd, Rocklea:
Rocklea Station 1.2 km
Solo Petrol station 300 m 5min walk
598, 599 Bus Stop 200 m 2min walk
Solo Petrol station 300 m 5min walk
Caltex 24hr Petrol station 400 m 5min walk
Brisbane Market 700 m 10min walk

Rocklea State School 1.3 km

LOCATION DISTANCE FROM 97 Sherwood Rd, Rocklea:
HOSPITAL (Emergency)
QE II Hospital 6.0 km
PA Hospital 6.4 km
Mater Hospital 7.7 km
South Bank 8.7 km
Brisbane Casino Precinct 10.0 km
Queen St Mall 10.0 km


To enquire, please email or call 1300 815 051 and enter code 4144