16 Somerset Road

Kedron QLD 4031

0 m²

1310 m²

Block of units

Currently for sale - view listing

Overview

Well-Maintained Apartment Complex in Prime Kedron Location

Positioned in the heart of highly sought-after Kedron, 16 Somerset Road presents an exceptional opportunity to secure a well-maintained block of eight apartments in one of Brisbane's most connected inner-north locations. Fully tenanted and generating immediate rental income of approximately $209,040 per annum, this is a rare blue-chip investment offering only minutes from the Brisbane CBD, Airport Link, public transport, cafes and major shopping precincts. Comprising a mix of 1, 2 and 3 bedroom apartments, the complex has been thoughtfully updated over time and offers functional layouts, modern kitchens, updated bathrooms, polished timber flooring and open-plan living throughout. With onsite parking and strong tenant appeal, the property is ideally suited to investors seeking a secure holding with long-term upside. Set within a quiet complex with elevated suburban outlooks, 16 Somerset Road combines convenience, income security and future potential in one outstanding location. Property Features: - Fully tenanted investment returning approximately $209,040 per annum - 8 fully leased apartments, consisting of 1 three-bedroom apartment, 3 two-bedroom apartments and 4 one-bedroom apartments - Modern kitchens and updated bathrooms - Polished timber flooring throughout - Allocated onsite car accommodation - LMR2 Low-Medium Density Residential zoning (2 or 3 storey mix) - Minutes to Westfield Chermside, Airport Link and public transport - Easy access to Brisbane CBD Opportunities to acquire a fully leased apartment complex in such a tightly held inner-north location are exceptionally rare. Enquire today for further information or to arrange an inspection. Tony Mower - 0419 233 783 Jo Mower - 0419 233 787