22 James Street, Mount Morgan, QLD, 4714, Australia

This 2-bedroom sweetheart cottage is perfect for someone just jumping onto the property ladder or looking to downsize with vacant possession available from mid-October on.

The house is on an easy-to-maintain, gently sloping, fully fenced 498sqm block. The house is high enough off the ground to benefit from the cooling effect of being elevated but it is low enough to appeal to those looking for something near ground level, at the front.

From the front door, you enter via a vestibule that would make a perfect study. There is a bedroom to the immediate left and a lounge in front of you, with the main bedroom off of it.

Moving through leads you to the kitchen, which has a pantry built into the old stove recess and could be fitted out with cupboards to suit the space. The potential is there for a built-in bar-style eating area to make optimal use of the space and provide a dining area in this cosy cottage. With some splashbacks made of modern, powder-coated pressed tin splashbacks to accent the space, you can really show off the heritage features of the home.

Off the kitchen, you will find the bathroom, which is workable as is but with some adjustments to the layout could fit in a fantastic modern style 3 piece bathroom, with some additional storage capacity.

At around 65 sqm, this isn't a mansion on the hill but it is a ready-made investment with tenants in place who have expressed a strong desire to stay on when this current lease expires in October. With rent currently at $220pw but with the capacity to be around $300+, there is strong positive gearing potential here.

All that being said, if you are looking to move in, vacant possession is available from 13th October on. She would be a perfect little renovator's delight and has serious capital gains growth capacity. This one is really up to you to decide what your best options are.

As a bit of icing on top, the property is being changed over from an old-school septic system to main sewerage. The plumber has been engaged and the plans have been submitted to the council. The works are imminent and should be done and dusted by the time a contract for the property can be settled. This means that all the wastewater plumbing will be new, saving thousands in potential future costs.

With endless possibilities, this one is definitely worth a sticky-beak. Call today to find out more, book an inspection or make an offer. At this price, it won't last long.