Just metres away from the train station, bus, shops and schools. This development ready site has been approved for 18 x 3 bedrooom units and has an existing three bedroom brick and tile two storey house worth around $345,000. The site is perfect for an investor ready to start. Brisbane is only minutes away by train, you don’t need a car to live in this property, making it ideal as an investor rental opportunity. Expected rental income in the area ranges from $315.00 to $320.00 per week. Average units sold in the area which were similar or smaller ranged from $339,000 to $350,000.
This is an ideal investment opportunity that you cannot afford to miss!
For more details, please call Gerard Fernando on 0407 453 535.