UNIQUE OPPORTUNITY - MULTI UNIT DWELLING ON 1,540SQM
Comprising of an original character home and low set brick dwelling of quality construction, these properties are for sale as a single package. This unique offering located in prestigious high side Chelmer presents the opportunity to rent out as is and receive quality returns or utilise potential to renovate or re-develop the site as you see fit (STCA).
Features Include:
- Block dimensions: 20m x 85m (approximately)
- Zoning: low density residential
- Four current tenancies (one vacant) ending in July 2022
- Rental returns totalling $1,560 per week (approximately)
Perched on Chelmer's high side, only moments to Graceville Memorial Park, cafes, shops, restaurants and transport, residents are also close to exceptional schools, including Christ The King, Graceville State School, St Aidan's Girls' School, St Peter's Lutheran College and Brisbane Boys' College. An easy commute to Indooroopilly Shopping Centre, Brisbane CBD and surrounds, this is a rare opportunity suitable for land bankers, investors, renovators and developers that must not be missed.
