Looking for a bullet proof, blue chip investment for your property or superannuation portfolio? Then this is your opportunity to capitalise on the growing land and rent values in this sensational inner city suburb of East Brisbane.
This is a remarkable offering which holds a tightly held 810m2 position in one of Brisbane's premier inner city suburbs.
Refurbish and develop to its full potential, with the current block of 5 units residing with a non-strata title holding and no body corporate fees attached.
The existing construction sees 4 two bedroom and 1 one bedroom unit, offering extensive leafy suburban views off large balcony and providing separate undercover car accommodation to all units. With quality secure tenants in place and currently receiving $1,355.00 per week, here's your opportunity to turn this property into a long term cash cow, making this an excellent addition to the portfolio of astute investors or for your Self Managed Super Fund.
Furthermore buy the property now, strata title the units and renovate with the potential to on-sell and return sound profit.
East Brisbane is a suburb located only 2kms to Brisbane's CBD within close walking distance to bus, city cat, shops, cafs, restaurants, parks, Anglican Boys Grammar (Churchie) the iconic Gabba Cricket Ground. Providing immediate access to the Brisbane Airport and Bruce Highway to the Sunshine Coast via the Clem 7.
There is no surprise that interest in this allotment is gathering momentum and fast. This is an opportunity not to me missed! Register your interest with the agent today.