138 Grafton Street

Warwick QLD 4370

Positioned on a quiet corner allotment just a five minute walk from Warwick CBD, this character Queenslander combines period charm with a range of significant recent upgrades. Currently leased on a six month tenancy, it offers immediate rental income while retaining future flexibility for buyers once the lease expires.Offering three bedrooms plus a large enclosed sunroom, the flexible layout provides options for a home office, guest accommodation, children's playroom, or additional living space.Much of the expensive work has already been completed, including a stylish new kitchen installed in 2025, a new roof, external repainting, and updated flooring. The home retains many of its original character features while providing comfortable modern living.Light filled living and dining areas create a warm and welcoming atmosphere throughout, while the front rooms enjoy a desirable northerly aspect.The home enjoys a convenient location within easy walking distance of Warwick Central State School, St Mary's School, shops, cafes, parks, and everyday services. The fully fenced corner allotment provides privacy, easy access, and scope for future improvements, subject to the necessary approvals.The elevated design may also appeal to buyers wishing to explore additional use of the under house area in the future, subject to relevant approvals.Located in a market with limited rental availability, it represents an appealing opportunity for investors seeking a well positioned home close to town, while also offering future potential for owner occupiers once the lease concludes in Jan 27.Features include: Three bedrooms plus large enclosed sunroom or home office Modern kitchen installed in 2025 New roof Fresh external repainting Updated flooring Spacious living and dining areas Split system air conditioning to main bedroom Fully fenced yard with Colorbond fencing Lock up garage Under house storage and work area Currently leased on a six month tenancy Quiet corner allotment Approximately five minute walk to Warwick CBD Close to schools, shops, parks, and amenities