This multiple dwelling of 8 x 1 bedroom self contained units on a single title, returns an incredibly strong rental income of $180,180 PA.<br/><br/>The leases are structured for each tenant to pay a calendar month in advance on the 2nd of the month which minimises rental payment monitoring to 12 times a year on the same date of the month. <br/><br/>A Clayfield address will appeal to astute investors that a fully leased unit block underpins continued strong rental & capital growth.<br/><br/>This centrally positioned property delivers the advantage of proximity to the CBD, Brisbane Airport, Gateway & Airport Link motorways, Eagle Junction & Clayfield Stations, & Chermside & Lutwyche shopping centres, ensuring good tenancy supply due to this convenience.<br/><br/>Property features in detail are: <br/><br/>- Bretts Locksmiths master keyed system for owner/agent with single key access to all doors and screen doors<br/>- exposed aggregate concrete driveway & turning area<br/>- numbered allocated parking on slab<br/>- split system air conditioning to each unit<br/>- stone bench tops to units 1, 2, 3, 5, 7 & 8<br/>- internal provision for laundry facilities to each unit<br/>- isolation valves to each unit for their water supply which allows ease of maintenance to each unit and any future installation of water meters to each unit<br/><br/>- QBCC licensed roofer installation of new 0.42 bmt zincalume roof to upper roof areas & new 0.6 bmt zincalume roof to lower roof areas.<br/><br/>The property has a pre 1911 building overlay and is LMR2 which is low to medium density zoning<br/>This zoning allows for a multiple dwelling that is;<br/><br/> * less than 400 metres to the Clayfield Railway Station<br/><br/> * has a frontage to road reserve of 20 metres<br/><br/> * code assessable up to 3 storey's and 11.5m in height should development opportunities be considered.<br/><br/> * concept plans available on request.
