379 Bolsover Street, Depot Hill QLD 4700

This highset weatherboard residence presents an opportunity for investors seeking an income-producing asset with an existing tenancy and a reported rental yield of 5.77%. With tenants already in place, the property offers immediate cash flow from settlement, reducing vacancy risk and eliminating the need to source occupants upon acquisition. The home is structurally sound and provides a practical floor plan that caters to a broad section of the rental market. Comprising two bedrooms, a sleepout, one bathroom, and a separate study, the property offers a level of flexibility that is often sought by tenants requiring additional living, working, or storage space. The combination of traditional construction, functional layout, and established tenancy makes this property a straightforward addition to an investment portfolio. The presence of rear lane access further distinguishes the property from standard residential holdings. Features that improve accessibility and site functionality can support future flexibility and may enhance overall property utility. While investment decisions should always be based on individual due diligence and financial objectives, rear access remains a characteristic that is regularly viewed favourably within the residential property market. For investors seeking an asset with immediate income, established tenancy, and a practical residential configuration, this property presents a clear opportunity. The dwelling offers multiple functional spaces, tenant-focused features, and a solid rental return, supported by a structurally sound building and secure allotment. Key Investment Features: Existing tenancy in place providing immediate rental income Current rental yield of 5.77% Structurally sound highset weatherboard home Two bedrooms plus sleepout Separate study One bathroom Air-conditioning in the main living area Fully fenced allotment Rear lane access The previous extension to the rear of the propery has added valuable area under roof for the addition sitting space, dining and kitchen area. Established residential investment opportunity This property represents a practical acquisition for investors seeking a tenanted asset with established returns, functional accommodation, and features that continue to support tenant demand in the residential rental market. Call Nathan today to arrange an inspection or get further information!