MAKE NO MISTAKE AFTER A CHANGE IN CIRCUMSTANCES THE CURRENT VENDORS HAVE MADE THE DIFFICULT DECISION TO SELL! THIS PROPERTY MUST BE SOLD. ACT FAST THIS IS AN OUTSTANDING OPPORTUNITY TO SECURE A HIGH YIELDING ASSET WITH GUARANTEED CAPITAL GROWTH THANKS TO THE MDR ZONING. CURRENT DA APPROVED FOR 16 UNITS OVER 4 STOREYS!
AUCTION 02/09/2021 IN ROOMS - MT GRAVATT BOWLS CLUB FROM 5:45pm
Set across 2 titles on a 1199m2 block with 34m frontage in a medium density street of Upper Mount Gravatt, this property would suit all buyers including astute investors looking to begin or extend their portfolio. Situated within 1km to Garden City, this immaculate block with 2 tidy rentable homes is now ready for a new owner to reap the rewards that is assured with this highly sought-after position. Currently yielding a rental return of $770/week.
MAKE NO MISTAKE THE CHANCE TO BUY A LEVEL 1199M2 BLOCK WITH MEDIUM DENSITY ZONING DOES NOT COME AROUND EVERY DAY - THIS PROPERTY MUST BE SOLD - ACT FAST.
House 1 - 2 Ventura Street -
Occupying a 597m2 block, this neat and tidy 3 bed 1 bath 2 car home is currently rented at $395/week. The interior boasts a large living room, complemented by stylish carpet and natural light. The well-maintained kitchen and adjoining living/dining room sit adjacent, giving you the perfect blend of living/dining/cooking. The 3 bedrooms are all serviced by the centrally located bathroom.
House 2 - 4 Ventura Street -
Occupying a 602m2 block, this neat and tidy 3 bed 1 bath 2 car home is currently rented at $375/week. This large family home offers large living areas, stylish carpet throughout and natural light. The Kitchen and bathrooms have been well maintained.
These sites are sought after so act now to secure this ideal investment opportunity.
Summary of Features:
• Medium density zoning (4 storey units - 16 Total Full DA approval)
• 1199m2 block on a quiet street
• 34m Frontage
• 2 tidy rentable homes currently rented at $770/week
• 1.9km to Upper Mount Gravatt State School catchment
• 2.0km to MacGregor State High School Catchment
• 1.1km to Westfield Garden City
• 15.5 km to Brisbane City
• 200m to public transport
Contact us now to receive further information about the current DA Approval.