Solid Bricks & Mortar Investment Opportunity On Two Lots
Situated in a prime position, this is quite possibly one of Kalinga's most exciting opportunities! With the Olympics set for 2032 and property prices continually on the rise, this 810m2 block on two allotment offers the fortunate purchaser the opportunity to seize the day and secure an exciting investment that is set to pay fruits well into the future. This set of flats is perfectly located, in a rapidly developing growth corridor, close to shopping, cafes, bars, public transport, and schools. An exciting prospect for those looking for their next project and transforming this property into something spectacular would be well worth the effort. They offer a savvy investor huge scope to enjoy an excellent return, or an owner occupier the opportunity to renovate and create a grand family residence, and there is also the prospect for a keen developer to split the double block. Presently a combination of a five bedroom flat on the top floor, a three bedroom flat, a two bedroom flat and a secondary granny flat on the ground floor. All adorned with spacious living areas, neat and tidy kitchens, and bathrooms. The flats share a fenced, grassed yard with ample off-street parking. Currently yielding a gross return of $2,200/week, as is. This is an outstanding investment whichever is on the cards with plenty of exciting potential for the future. The property is positioned on the boarder of Wooloowin and located within the desirable Eagle Junction State School catchment area. Eagle Junction Station is close by with express trains to city and beyond, ensuring the commute for yourself or your tenants is a breeze. Inspect today. ** Disclaimer** This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.
