If a great return and extremely low vacancy rates interest you then continue reading. You can’t beat the location, this sensational investment is arisen in this leafy inner city suburb of Auchenflower.
This amazing Queenslander was converted into 6 registered flats many years ago and offers the astute investor the opportunity to sit back and relax as the current annual rental return is $67,860 and no body corporate fees!!!
This old beauty has high ceilings with lovely old features and sits on 433 m2 elevated corner block with tree top views. The property configuration is 1 x 2 bedroom, 1 bathroom flat, 1 x 1 bedroom, 1 bathroom flat and 4 x studio apartments that share a common bathroom. Three of these units have their own balcony or patio. All six units have their own kitchens each with a different layout, creating a unique and cosy style. Each unit has separately metered gas and electricity. There is a shared laundry downstairs, a common space in the backyard and off street parking available.
Location is one of the key factors with this investment being positioned right in the heart of Auchenflower and being only:
• 200m to Milton Road
• 3km to Brisbane CBD
• On a direct bus route to UQ
• Close to shops, cafes, the Wesley Hospital, Toowong and Indooroopilly Shopping centres
Information Memorandum available upon request. Please contact Ghazal Basit for more information.
“This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes”.