Superbly located this block of three by one bed and one by three bed flats has had three of it’s four flats refurbished and sits in an elevated position on 809m2 of LMR land on two lots with high UCV.
Currently returning a excellent rental income, further improvements to the property could achieve higher rents and would only add considerable value to it.
The single bedroom flats, all but one which has been refurbished, are substantially larger than those built today and all flats have their own laundry.
Partially furnished the property in a quiet street has suburban views and is in close proximity of Anglican Grammar School “Churchie”.
Less than three kilometres from the CBD this property is a short walk from a train station, numerous bus stops and easily accessible to City Cat/ferry services.
An ideal investment for an astute purchaser looking for a property with significant future development potential and options and a strong holding income.
Make it yours now.
Sustainability Declaration available from our Coorparoo office.
High UCV
On two lots
809m2 LMR land
Four flats
Three x one bedroom
One x three bedroom is refurbished
Two x one bedroom refurbished
Less than three kilometres to city
Walk to train, bus, City Cat
Elevated, quiet location