On a 903m2 block of LMR zoned land this low maintenance investment would have a projected gross rental return of approx. $74,000 per annum. With an as new four bedroom flat that has just been completely renovated the block is superbly located a very short walk from bus transport , moments from Westfield’s Garden City shopping centre and two Griffith University campuses.
- All tenants are on or soon to be on periodic leases
- Block has been fully painted externally and has new fencing, could be easily strata titled
- Each flat has one bathroom, one lock up garage, own courtyard and clothes line
- Convenient location within close proximity of schools, Sunnybank Plaza , Market Square , with easy access to the Pacific and Gateway Motorways , CBD , north and south coasts
- Unit 1 – approx. 91m2 – 3 bed, 1 bath
- Unit 2 – approx. 67m2 – 2 bed, 1 bath
- Unit 3 – approx. 63m2 – 2 bed, 1 bath
- Unit 4 – approx. 100m2 – 4 bed, 1 bath, extensively renovated
- Block is in an elevated position, north east aspect, high council site value for land