Investors and developers get excited, what an opportunity to secure both 37 & 39 Parkdale Street. A total of 1,416m2 with an approximate frontage of 46.2m2
I provide the following information for 37 Parkdale Street Kedron:
Post war original condition timber home
749m2 with an approximate 18.2m frontage
3 Bedroom, 1 bathroom, 1 car
Second owner has been residing here for 14 years
I provide the following information for 39 Parkdale Street Kedron:
3 Pack double brick unit block strata titled on 667m2
Unit 1
- Top floor 3 Bed, 1 Bath, 1 Car
- Internal size approx 100sqm
- Current rent $330.00 p/week
- Lease expires 18/08/16
- Bond received $1,320.00
- Most recent rates notice $413.00 p/quarter
- Body Corporate fees $348 p/quarter
Unit 2
- Ground floor 1 Bed, 1 Bath, 1 Car
- Internal size approx 50sqm
- Current rent $260.00 p/week
- Lease expires 07/03/16
- Bond received $1,000.00
- Most recent rates notice $314.00 p/quarter
- Body Corporate fees $174 p/quarter
Unit 3
- Ground floor 1 Bed, 1 Bath, 1 Car
- Internal size approx 50sqm
- VACANT (Was achieving $270.00 p/week)
- Bathroom getting renovated as we speak
- Most recent rates notice $314.00 p/quarter
- Body Corporate $174 p/quarter
Annual water charge for all three units $2,988
Annual building insurance $1,575 expires 30/06/2016
TOTAL NET INCOME P/ANNUM AFTER MANAGEMENT FEES = $28,544
Location:
550m (7 minute walk) to Holy Spirit Northside Private Hospital and The Prince Charles Hospital
1.3km (3 minute drive) to Westfield Chermside Shopping Centre
10.4km to Brisbane CBD
Should you be looking on the bigger scale you can also purchase 43 Parkdale Street & 498a Rode Road Chermside, all four lots would be a grand size of 2,629m2 of LR land, prime real estate in Kedron.
Are you going to take advantage of this rare opportunity, and reap the benefits with the continual capital growth in Kedron?