Vendors circumstance has changed, this property MUST BE SOLD.
With recent volatility on the stock market, unbelievably low 1% term deposit rates now is your chance to secure three x one-bedroom flats in highly sought-after Bardon. Don't miss out on this outstanding investment opportunity. Where else will you reap the security and capitol growth this property offers with a Rental yield of 5.64%? Unimproved council land value of $790,000.
Add 3 Burnham Road to your property portfolio or self-managed super fund. All units have tenants in place wanting to continue their residence. This rare piece of real estate on a spacious 708m2 block is returning $850 per week with low expenses.
Unit 1 - Weekly Rent $300.
Unit 2 - Weekly Rent $270
Unit 3 - Weekly Rent $280
The units consist of -
-Tiled and Timber flooring
-Split system Air-conditioning
-Carpeted bedroom with B.I.R
-Bathroom with Shower
-Private separate laundry and storage space
-Undercover carpark
-Courtyard or deck area
-Dual entry
These post war properties also have the possibility to be demolished for buyers looking for a quality location to build their dream home on a large lot with a green space outlook.
Conveniently positioned within walking distance to local parks and buses, plus quality schools of Bardon State School and Stuartholme, Mt Coot-tha, Toowong Village and a short drive to the popular cafe precinct of Paddington.
