Presenting a rare and rewarding opportunity to secure a solid double brick and tile block of flats in tightly held Fairfield, positioned less than 4km from the Brisbane CBD. Purpose built for long term performance, this low maintenance asset is ideal for the astute investor seeking a stable, location driven addition to their portfolio.
Held under a single title, the property comprises four well maintained one-bedroom flats, each occupied by long term tenants on fixed 12-month leases. With consistently strong rental demand and near zero vacancy rates, this city fringe investment delivers immediate income security in a proven growth corridor.
Generating approximately $89,120 in annual rental return, the property also offers scope for value-add upgrades to further enhance yield. The generous 685m² allotment includes a sizeable unused yard area, presenting potential for additional improvements or strategic
future planning (STCA).
Key Features
• Solid double brick and tile construction
• Four x 1bedroom flats held under a single title
• Strong annual rental return of approx. $89,120
• Long term tenants on fixed 12-month leases
• Near zero vacancy rates in a high demand rental pocket
• 685m² allotment with unused yard offering value add potential (STCA)
• Less than 4km from the Brisbane CBD
• Only 700m to Fairfield shopping precinct, cafés, restaurants and medical services
• Public transport access directly out front
• Low maintenance, set and forget investment
• Flood free during major events in 2022, 2011 and 1974
• Ideal for investors seeking immediate returns with future uplift potential
Perfectly positioned just 700m from the Fairfield shopping precinct, residents enjoy effortless access to cafés, restaurants, medical services, specialty retail and an extensive public transport network right at the doorstep. The property has also remained flood free during Brisbane's major flood events of 2022, 2011 and 1974, reinforcing its long-term stability. A location perfect, low maintenance investment delivering immediate returns with future upside, an ideal acquisition for any discerning portfolio.
Please contact Steve Landeta for a copy of the information summary
Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.
