The owner’s instructions are clear! Property needs to be sold and all offers are to be considered.
Properties of this stature rarely become available to the open market. Positioned in the heart of West End this property offers 4 self-contained units (3 x 2 Bedroom and 1 x 4 Bedroom) which can be converted back to 5 x 2 Bedroom units to maximise the rental return. Each unit has two entrances through stairwells on either side of the building. The highly sought after allotment has a two-street frontage (Boundary St and Spring St) and sits on an elevated 708m2.
This property offers a stable cashflow, although the units are slightly renovated, this opportunity still offers a blank canvas for the astute investor to add value.
Features include:
Two-street frontage (Boundary St and Spring St)
3 x 2 Bedroom 1 Bathroom 1 Car Unit
1 x 4 Bedroom 2 Bathroom 2 Car Unit
All the units are open-plan with generously sized rooms
Air-conditioning and ceiling fans throughout
City Views
Stable cashflow – All units are currently tenanted
Buy, Maximise, Hold, Strata-title and sell off or investigate development options. This block of units is a stones throw away from the ever-expanding Boundary St and Melbourne St precincts, Brisbane State High School and West End School as well as a short drive to some of Brisbane’s best private schools. Less than a 5km journey by car or less by bus, train or ferry to Brisbane CBD, Southbank, hospitals and universities this investment opportunity won’t last long.
Call today to see all that’s on offer here.