Welcome to 27 Wesley Street, Lutwyche! This renovated apartment block contains four self-contained units (all on one title), and with high rental yield it is a great opportunity to secure a high-density block and land-bank for the future!
Current rental yield is circa $100,000 but we have had the property independently appraised at $520 - $570 per unit per week bringing the potential rental income to $108,160 - $118,560
Each unit is thoughtfully laid out and features two well-appointed bedrooms and one large bathroom, along with living/dining spaces and large kitchens - each equipped with gas cooktops. The apartments have been well looked after and are fully functional as-is but can also be renovated or improved to add value.
The property is situated on a large 617m2 block, with carport parking for four vehicles at the back. There is a shed for extra storage, whilst the property is surrounded at the front and rear by low-maintenance minimal gardens.
With loads of easily-added value in a fantastic location, this unit block won't be on the market for long! Ensure that 27 Wesley Street in Lutwyche is on your open home schedule for this weekend!
Each Unit Features:
- Two bedrooms.
- One bathroom.
- Living/dining space.
- Large kitchen with gas cooktop.
Property Features:
- Carport parking for four cars.
- Exterior upstairs terrace.
- Communal laundry.
- Shed.
- Minimal gardens.
Location Features:
- 6.1km to Brisbane CBD.
- 4.7km to Westfield Chermside.
- 550m to Market Central Lutwyche.
- 50m to Parks and Walking tracks.
- 1.5km to Windsor State School.
- 1.7km to Kedron State High School.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
