Demonstrating a strong holding income, this block of flats represents a solid investment return within the popular, inner city Montague Road precinct.
Spread over an 810m2 double block with a corner position, there is potential for a future development. The current dwelling presents city glimpses from the top floor which could be further utilised if development approval is considered.
The dwelling comprises eight flats, offering a gross weekly income of $2,250. Low turnover of quality tenancies in a vibrant and popular city fringe enclave, underpins a sound investment.
Features include:
Unit 1 - 2 bedroom, 1 bathroom 67m2
Unit 2 - 2 bedroom, 1 bathroom 68m2
Unit 3- 1 bedroom, 1 bathroom 50m2
Unit 4- 1 bedroom, 1 bathroom 38m2
Unit 5- 1 bedroom, 1 bathroom 38m2
Unit 6- 1 bedroom, 1 bathroom 43m2
Unit 7- 1 bedroom, 1 bathroom 46m2
Unit 8- 1 bedroom, 1 bathroom 42m2
Car accommodation- 19m2
Laundry-8m2
Total dwelling- 419m2* (approximate internal measurement)
Arrange your inspection today to catch a glimpse of the opportunities that await the successful investor.
Located just 3 kilometres from the CBD, conveniently situated within walking distance to the ferry terminal, busway and Southbank Train Station. Gunshop Café and Veneziano Coffee are popular with the locals. Other highlights include Musgrave Park, West End Markets and Southbank Parkland. Within the school catchments for West End State School & Brisbane State High School. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).
Contact George Hadgelias on 0403 062 062 or Max Hadgelias on 0411 276 372 today for further information and to register your interest.
* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only
