On the St Lucia side of Taringa, this tidy block of flats offers a rare opportunity for a savvy buyer to acquire a prime investment property at an in-demand locale. The complex spans a 911sqm north/east to rear block, near shops, buses, and Taringa Station.
- Incorporates a total of five income producing apartments
- Currently tenanted, attracts $91,780pa rental return per annum
- 2 one bedroom and 3 two bedroom configured dwellings
- Practical layout incorporates combined living/dining areas
- Highset, elevated landings, rear residence has own courtyard
- Appointed with basic kitchens and single bathrooms throughout
- Immense scope to renovate and modernise to add further value
- Separate laundry/storeroom, undercover parking, visitor bays
- Near UQ, parks, Toowong Village, five kilometres to the CBD
- Ironside State and Indooroopilly State High school catchment
Outgoings:
Water: $7,200 pa approx
Rates: $7,413 pa approx
Insurance: $3,468 pa approx
