14 Qualtrough St, Woolloongabba, QLD, 4102

SoldApr 12, 2019

14 Qualtrough St, Woolloongabba, QLD, 4102

$1,380,000

0 m²

809 m²

House

•

30+ days on the market

Sold: Apr 12, 2019

What's around 14 Qualtrough St

Brisbane's Best Investment Opportunity

ALL INSPECTIONS BY APPOINTMENT - Call or Enquire to Organise Time. An opportunity for growth AND returns this close to the CBD that is completely set and ready to go . . . these kind of investments are few and far between. Set facing perfect North at the rear - with the Gabba and city lights in the foreground - this 809m2 allotment is ready for the astute investor to secure. With even further opportunity to increase the returns and build additional dwellings at the rear (STCA), this property will be a key component in your financial plans and freedom. Having undergone a complete and thorough renovation inside and out, this residence has been converted into four, two bedroom and two bathroom apartments. Each apartment is separately metered for water (water compliant) and electricity, thus offering a generous rental return with NO immediate financial input required. The top two units capture the best of both the modern design (flooded with light and fully renovated) and the traditional characteristics of wonderful high ceilings and large bedrooms, whilst embracing the Northerly aspect. The bottom two units are equally renovated and modern, each including a courtyard (with unit 3 boasting a huge private space). All the apartments are welcoming, with soft neutral tones throughout, and each has its own private entrance and onsite parking. Investment Details: Unit one: RENTED for $420 p/w Unit two: RENTED for $410p/wk Unit three: RENTED for $430 p/w Unit four: RENTED for $395 p/w Gross Expected Rental Return - $86,060 P/A With proximity being one of the keys to growth, this property is poised to prosper: 545m in a direct walking line to the Gabba, 430m walking to some of the best coffee and restaurants Woolloongabba has to offer, 884m to Lady Cilento Children's hospital, 1.4km walk to South Bank and finally a 1.6km walk directly into the heart of the CBD. Don’t miss out on the change to secure this rare investment opportunity, in an incredible inner city location. Arrange an inspection today!