12 Ardill Street, Zillmere, QLD 4034

Discover this outstanding LMR-zoned property, ideal for investors and developers looking for flexibility, rental income, and growth potential! Situated in the heart of Zillmere, this property features two spacious 2-bedroom units, currently delivering a combined rental return of $850 per week, with potential for more.

Each unit boasts a welcoming open-plan living and dining area complemented by cathedral ceilings that amplify natural light and airflow-perfect for everyday comfort and entertaining.

This property offers versatile living options: live in one unit and rent out the other, accommodate extended family, or enjoy dual rental income. With high rental demand in the area, this is an opportunity you don't want to miss.

Key Features:

- LMR Zoning: Ideal for future development, subject to council approval.

- Dual Income Streams: Two 2-bedroom units with strong cash flow and rental upside.

- Prime Location: Close to parks, schools, local amenities, and just minutes from Chermside Shopping Centre.

Current Returns:-

Unit 1:

- Rent: $420 P/W (Lease ends 17/04/25)

- Market Appraisal: $550 P/W

Unit 2:

- Rent: $430 P/W (Lease ends 13/03/25)

- Market Appraisal: $550 P/W

? Potential Combined Rent: $1,100 P/W

Outgoings:

- Council Rates: $667.85 P/Q

- Water Rates: $849.29 P/Q

Unit 1 & 2 Features:-

- 2 bedrooms, 1 bathroom

- Air-conditioned lounge and dining areas

- Well-equipped kitchens with ample storage

- Internal laundry facilities

- Single lock-up garage for each unit

- Security screens and ceiling fans throughout

- Private outdoor areas for each unit

Seize this opportunity to add a prime property to your portfolio. Contact Team Harpreet today for more information!