A SOLID INVESTMENT
WITH A BIRDS EYE VIEW OF THE CITY
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Overlooking the city and within easy walking distance to the central CBD this block of five units will always be attractive to the tenant market.
The complex has been well maintained in recent years with the entire roof and gutters replaced in Colourbond steel. The wiring and plumbing have also been upgraded and general maintenance has certainly not been neglected.
The building comprises of the original block of 4 two-bedroom units built in the 1940’s and the additional studio apartment above the 2 lockup garages which was added in the 1950’s.
These premises are ready to take on as is and just collect the rent while you benefit from the capital growth assured with a property in this position.There is also the opportunity sitting there to upgrade the units and subsequently increase your yield.
This block, zoned as character, is surrounded by heritage listed terrace houses, both residential and commercial.
Suncorp stadium and the renowned Caxton Street precinct or the Barracks restaurants and cafes are the types of neighbours that create the character and vibrance the area is synonymous with.
Premises like this in such a unique and brilliant location, while more common in other cities of Australia, are a rarity in Brisbane and this is a fact the astute investor will recognise immediately.
Don’t hesitate to call to arrange an inspection.
Gordon Fraser : 0412 781 883
