Price Guide $700,000 - $750,000

35 Glenelg Drive, Brassall QLD 4305

3 Bed

1 Bath

1 Car

739 m²

117 m²

Price Guide $700,000 - $750,000

35 Glenelg Drive, Brassall QLD 4305

3 Bed

1 Bath

1 Car

739 m²

117 m²

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Live In, Lease Out, Expand – Brassall Opportunity with Granny Flat Potential!

Positioned in a quiet, family-friendly street in the ever-popular suburb of Brassall, this solid lowset home, constructed in 1980, presents an exceptional opportunity for buyers seeking value, space and immediate livability. Whether you are entering the market, expanding your investment portfolio or downsizing without compromise, this well-maintained residence delivers comfort, practicality and future potential in equal measure.

Internally, the home offers three well-proportioned bedrooms, two complete with built-in robes, while the master and main living area are serviced by air conditioning to ensure year-round comfort. Ceiling fans are thoughtfully installed throughout, enhancing airflow across the home.

A classic, functional kitchen sits at the heart of the property, seamlessly connecting to the separate lounge and dining areas, creating a versatile layout suited to both everyday living and entertaining. Security screens provide added peace of mind, while the single car carport ensures secure vehicle accommodation.

Stepping outside, you will find a covered outdoor entertaining area that invites relaxed gatherings with family and friends, overlooking the expansive and fully fenced 739m² block. This generous parcel of land offers outstanding potential, with the possibility for rear yard vehicle access and ample space to add a shed, pool or both, allowing you to further enhance the property to suit your lifestyle or investment goals. Importantly, the large backyard also presents the potential to add a granny flat (subject to council approval), creating an attractive dual income opportunity for savvy investors or those seeking to accommodate extended family. A garden shed adds extra storage convenience, making this home as practical as it is appealing.

For the savvy investor looking to expand their rental portfolio or secure their first investment, this property presents a strong, ready-made opportunity. The home is currently tenanted at $625 per week, with a fixed lease in place until 23rd September 2026, providing immediate and secure income from day one. For those seeking to maximise returns, there is significant potential to add a granny flat and create a dual-income setup. We have current rental appraisals of $380 to $400 per week for a one-bedroom granny flat, or $400 to $420 per week for a two-bedroom configuration, offering the potential for a substantial uplift in overall rental yield.

Location is key, and this property delivers on all fronts. Situated in sought-after Brassall, you are surrounded by quality homes and benefit from proximity to reputable schools including Brassall State School and Ipswich State High School. Commuters will appreciate the easy access to the Warrego Highway, providing a seamless drive to both Brisbane and Toowoomba, while nearby shopping options such as Brassall Shopping Centre, Riverlink Shopping Centre and the Ipswich CBD offer everything you need, including electric rail transport to Brisbane.

With strong buyer demand and limited supply in the current market, opportunities like this are becoming increasingly rare.

Most importantly, this amazing lowset home that is perfect for any astute buyers has one last surprise as it has been priced to sell quickly with a Price Guide of $700,000 to $750,000.

Call Steve Athanates or Corey Athanates to book your inspection today!

Disclaimer

NGU Real Estate has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

Air Conditioning

Built In Robes

Electric Hot Water Service

First Home Buyer

Lowset

Outdoor Entertaining

Secure Parking

Security Screens

Split System Aircon

Split System Heating

Location

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