176 Scott Street, Bungalow QLD 4870

446 m² freehold in a trade precinct | dual-income from house and shed | suited to owner-occupier or investor seeking flexibility The buying case rests on the property’s hybrid positioning within a recognised industrial pocket, where a 3-bedroom house leased as office space and a rear shed generate combined monthly income of $4,000. This setup offers a buyer either immediate cash flow or the option to occupy the house while retaining the shed’s rental. The freehold land size and street exposure are distinctive in this corridor, suiting a tradie, small business owner, or investor wanting a single holding with dual utility rather than pure residential exposure. The main risk is whether the current uses are fully compliant with council zoning and approvals, as the house-as-office and shed-tenancy may not be permitted without conditions. Lease terms and expiry dates also need confirmation to assess income stability. One practical opportunity is the potential for owner-occupation to reduce outgoings while retaining the shed’s rental, but this depends on resolved zoning and use rights. Until the exact zoning and approved uses are verified, confidence in the property’s long-term flexibility and income reliability cannot be formed.