A unique opportunity to acquire a multi income unit block situated on two lots in readiness for re-development. East of Oxley Avenue the property is exceptionally well located being in easy reach of the beach, schools and the Redcliffe cafe precinct. With a land size of 860 square metres the property is ripe for an upmarket new home or unit development (STCA). Under leases the property is returning $51,480.00 per year which represents a solid holding income.
The property is exceptional in both location and potential - don't miss the opportunity.
Andrew Sim 0426 582 818