Act fast to secure this incredible investment opportunity, which comprises a block of 5 units on 1 title. Positioned in the heart of Kedron, just 6km from the CBD, the property offers incredible convenience to transport networks, shops, schools, cafes and parks.
Situated on 809m� of LMR2 zoned land, with its potential for significant value growth and the ability to generate a strong cash flow, this investment promises substantial returns for one lucky buyer. Whether you're looking to hold, improve or explore redevelopment options, this property presents the perfect opportunity to add to your portfolio.
The building features 5 units (1 x 3 bedroom, 2 x 2 bedroom & 2 x 1 bedroom). Units 1 and 3 are owner occupied and Units 2, 4 and 5 are currently leased with agreements that expire between September 2025 and February 2026.
The fully leased market rent for the building has been assessed at approximately $141,700 per annum ($2,725 per week).
There is also substantial potential for further income enhancement through cosmetic updates to the units.
Each unit is very neat and tidy and has undergone varying degrees of renovations or cosmetic updates to ensure they are very attractive to the rental market.
Positioned in a popular pocket of Kedron just 6km from the CBD, the location is incredibly convenient and offers easy access to city express bus stops, plenty of local cafes and numerous retail options (including Westfield Chermside, Coles Kedron and Lutwyche Shopping Centre) and the popular Kedron Brook parklands and Bike/Walking paths. The airport link tunnel (which also connects to the ICB and Clem7 tunnel) is also just around the corner, making for easy and direct access to all parts of Brisbane.
Opportunities like this rarely become available and are never on the market for long.
