Located in a Superb, Elevated Position with City Views, Just Minutes from Brisbane’s CBD, Up the Street from Local Shops, Main Bus Line around the Corner Or Just across the Street is Rarely Available Block of Flats/Multi Dwelling. Made up with a Mixture of 3 x 2 Bedroom + 4 x 1 Bedroom, All with their Own Bathrooms, All Individually Metered for Power, Along with All the Plumbing & Electrical for Shared Laundry Facilities for all 7 Flats. Professionally Managed, Almost Always Fully Let Or Rented with Low Vacancy Periods and Traditionally with Long Term Tenants.
Details in Brief;
*Block of 7 Budget Flats (3 x 2 + 4 x 1 Bed)!
*Well Maintained & In Good State of Repair!
*Land Area of 708m2/28 Perches in 2 Lots!
*BCC Usage/Multi Unit Dwelling, Zoned LMR!
*Gross Annual Rental Income of $101,000!
Future Options Include: Re-Develop by Building New Apartments Or Add More Flats Or Build Executive Homes Or Just Spruce the Property Inside & Out for Bigger Income Returns.
For Further Information Or to Arrange a Private Inspection, Please Call.