High Performing Investment Opportunity

Category 7 Brisbane City Zoning – Guest House / Private Hotel /Hostel
Council Registered Student Accomodation with Required Fire/Safety Compliance in place

With the impressive growth Salisbury is experiencing, this already fully tenanted, recently updated property is an impressive investment. Situated in a very quiet and lush street, within walking distance to Griffith university, this is another reason why your sights should be set on 11 Salford Street as an increasingly desired location with room for future opportunity on a 627m2 block of land.

Snapshot

Current Annual Gross : $765/week = $39,780/year
Historically can achieve up to $780/week = $40,560/year
Room 1 : $135pw
Room2 : $115pw
Room3 : $125pw
Room4 : $120pw
Room5 : $135pw
Room6 : $135pw

Walking Distance to Griffith University
Approx. 1km from QEII Jubilee Hospital
627m2 Parcel of Land
6 Air Conditioned Bedrooms, 5 Fully Furnished
2 Bathrooms
2 Separate Toilets
Open Plan Equipped Kitchen/Dining
Council Registered Student Accomodation with Required Fire/Safety Compliance in place
Hard Wired Smoke Alarms
2 Car Lock Up Garage
Laundry Downstairs
Plenty of Dry Storage Below
Fully Furnished Throughout Common Areas
Easy Public Transport for both Bus and Train Station
Easy Access to Pacific Highway
.

Situated approx. 9km South of the Brisbane CBD, over the last 5 years Salisbury has experienced a 34.6% increase in median value, making 11 Salford Street attractive for various reasons. If you are going to invest in a property with the intention to see return, you are in the right position to watch it grow as an increasingly moving suburb as well as reaping the benefits of the current arrangement.

Having Griffith university local to Salisbury, there is always a market for students looking for accomodation. The entrance to Griffith Nathan campus is minutes from 11 Salford Street.

Salisbury Lifestyle

Every suburb has its quirks and “local” hotspots, Salisbury is no exception with the cute cafes available to the residents. On top of that, Salisbury offers a variety of conveniences and shops. Plus for an extensive shopping experience, it is an easy drive to Westfield Garden City.

Information Memorandum available on request.

Category 7 Brisbane City Zoning – Guest House / Private Hotel /Hostel
Premises where room only or room and meals are provided and having shared facilities (not a motel). The term includes a guesthouse, boarding house, private hotel, tenement building, flatette, rooming units, backpackers’ hostel and other accommodation buildings such as convents.

If you would like to know more, or book an inspection, please get in touch at your earliest convenience.

Disclaimer – All information detailed herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries and inspections.