Located just five kilometres from Brisbane’s CBD, in the premium inner city suburb of Clayfield, this block of five timber flats represents outstanding value in today’s market.
The property is situated just metres away from local shops, cafes, schools, churches and public transport and as a result enjoys 100% occupancy.
Currently returning approximately $840 per week, there is plenty of scope to increase the yield on this property with very little work.
With current zoning of LMR and land area of 627m2, there is also an opportunity to redevelop the site in the future.
This is a fantastic opportunity to secure an inner city investment property in a very sought after premium suburb of Brisbane!
Call now to inspect.
Five flats
Close to bus
Walk to shops
100% occupancy
Zoned LMR