An exceptional chance to secure a high-performing asset in the rapidly growing suburb of Darra. Perfectly positioned close to all amenities-including shops, schools, cafés, major arterials and the express train to the Brisbane CBD-this tightly held complex offers both stability and outstanding long-term growth potential- The current owner has been the owner for over 30 years.
Sitting on a substantial flood free 2,089m² parcel of land, the property comprises ten two-bedroom, one-bathroom airconditioned units, all held on one title. Nine of the ten units have been updated and renovated. The entire complex is fully tenanted, delivering a fantastic rental yield from day one.
Whether you're expanding your portfolio or seeking a strategic value-add opportunity, this is a rare find in an ultra-convenient location.
Key Features:
• Ten x 2-bedroom, 1-bathroom units
• All on one title - rarely offered
• No body corp fees
• Situated on 2,089m² of land
• Nine of ten units are renovated (unit 4 is not)
• All units currently tenanted
• Strong rental return and excellent yield ($192,140 per annum)
• Close to shops, cafés, schools, motorways and transport
• Easy access to express train services direct to the CBD
• Building and inspection reports available on request
What's Local?
• 950m To Darra Train station
• 1km to Local school and childcare
• East access to Ipswich and Centenary Freeways
Opportunities of this calibre are seldom available-act quickly to secure this high-performing asset in a prime Darra position.
Disclaimer-Floorplan and photos are of units 1 and 2 and are shown as an example only of the complex.
Property ID: #L25557474
