Here is a wonderful opportunity to purchase a whole block of units set on 809 square metres of prime development land in one of Brisbane's top ten suburbs, only 4 kilometres to the City! This low-maintenance, cavity brick block consists of 5 extra large apartments, two ground floor and three above with balconies. All the apartments have internal access to their own lock up garage. The three upstairs apartments have been fully renovated, including modern kitchens and bathrooms, air conditioning and fresh paint and floor coverings throughout. The two ground floor apartments are in original but good condition.
809 square metres of land zoned LMR
5 x 2 bedroom extra spacious apartments
All bedrooms are built in
Some apartments with study nooks
Internal access from the lockup garages
Air conditioning & screens
Fabulous, high demand location close to transport & shops
Schools, Royal Brisbane Hospital & Universities easily accessible
Currently with a gross return of $89,700
Possibility to Strata Title
Whether you leave as is, continue to rent out and hold this exceptional property into the future, or strata title and sell the apartments individually, this is a rare investment proposition not to be missed!
