6 Railway Street

Alderley QLD 4051

0 m²

Block of units

Currently for sale - view listing

Overview

Five Apartments on One Title | Multiple Income Streams | Future Potential

An exciting opportunity to secure a multi-income residential investment in the well-connected suburb of Alderley, comprising five one-bedroom apartments on a single title. Offering a combination of renovated accommodation and further scope to add value, this property presents an appealing opportunity for investors looking to expand their portfolio with an established five-apartment complex. Four of the upper-level apartments have been renovated, featuring updated kitchens and ensuites, fresh paint, new flooring, modern lighting, air-conditioning, ceiling fans and blinds. The kitchens have also been upgraded with new cooktops and stoves, providing refreshed, practical living spaces for tenants. Unit 5, located downstairs, remains in original condition and offers potential for further improvement. Each apartment includes a practical kitchen and living area, while parking is available underneath the building, with Unit 5 also benefiting from direct access to the garage. Conveniently positioned within walking distance of Alderley train station, bus services, Coles and the local shopping precinct, the property offers easy access to everyday amenities and transport connections into Brisbane CBD. Property Highlights: - Five one-bedroom apartments on one title - Four renovated upper-level apartments - Unit 5 downstairs, in original condition with scope to improve - Updated kitchens and ensuites in the four renovated apartments - Fresh paint, new flooring and modern lighting - Air-conditioning and ceiling fans - Parking underneath the building - Direct garage access from Unit 5 - Not currently strata titled - Walking distance to Alderley train station, bus services and local shops - Multiple rental income streams with potential to add value Combining five separate apartments, existing renovations and the opportunity to further improve Unit 5, 6 Railway Street offers an appealing investment proposition in a convenient inner-north location.