20 Ilya Street

Macgregor QLD 4109

905 m²

Block of units

Currently for sale - view listing

Overview

SUNNYBANK SPECIAL - WHOLE UNIT BLOCK

IMPRESSIVE UNIT BLOCK OF FOUR BRICK UNITS ON ONE TITLE WITH POTENTIAL TO STRATA SUBDIVIDE. COMPRISING EXTRA SPACIOUS 2 X 3 BEDROOM AND 2 X 2 BEDROOM SELF CONTAINED UNITS RETURNING $85,280.00 PA. THE PROPERTY IS UNDERLET AND THE APPRAISED RENTAL RETURN IS $97,240.00 PA. The location of the property is considered A1 being in easy access of the Garden City Shopping Centre, Sunnybank's shops and Restaurant precinct, minute access to the Brisbane CBD, Airport and the Gold Coast recreational area. Owned for over 40 years the property has experienced solid Capital Growth which is expected to continue towards the Olympics. Astute investors will recognise the locational benefit and rental growth making this an exceptional investment opportunity. Inspections by private appointment with Andrew Sim 0426 582 818 Information Memorandum available on request. NB. The internal photos have been digitally enhanced with furniture for promotional purposes.