This quality Queenslander is located on a large 792m2 allotment just a few Kms from the heart of the City. Although it is currently set up as 4 individual registered flats, it could easily be reconfigured into a traditional family home.
These flats have all been recently updated with new kitchens, bathrooms, floor coverings and paint. You could live in one and rent the rest, or rent them all out and simply enjoy the return.
Tenants lease expires in January, meaning you have the opportunity to extend the current lease agreementor move in!Walk to RBH, QUT Kelvin Grove & the City!
Land Size: 792m2
Unit 1: 1 bedroom $325
Unit 2: 2 bedroom $375
Unit 3: 3 bedroom $405
Unit 4: 2 bedroom $375
Total return: $76,960PA
Lease end date: January 2024
Rates: $1,727p/quarter
Both these amazing properties are located a short walk from the RBH Hospital, QUT Kelvin Grove, Victoria Park and the City. You will not find a better investment opportunity that offers a solid return and guaranteed long term capital growth.