Positioned less than 2km from the Queensland University at St. Lucia; discover this block of four brick apartments, circa late 1960s situated on 911sm of prime flat land. The choice is yours to either demolish or renovate for maximum rental return. Close to some of Brisbanes, best schools, sporting facilities, major shopping centres and public transport, these units offer a constant supply of rental interest due their location. Current configuration of the block is: 2 x 2 bedroom, 1bathroom apartments 2 x 1 bedroom, 1 bathroom apartments The present rental return for the complex is $600 per week, with the ability to increase this significantly. The tenancies are currently managed under a periodic arrangement, with no fixed leases in place. Each apartment has under covered parking and laundry facilities. Council Rates – $3,600 pa. Please call for further information.