4 Self-Contained Flats | One Title | Four Income Streams | Approx. 550m²
An opportunity to secure an established multi-residential investment property in Brisbane's sought-after inner-south suburb of Annerley.
Positioned on approximately 550m², this two-storey residential building comprises four self-contained flats on one title, providing investors with multiple rental income streams and potential for future rental growth.
PROPERTY HIGHLIGHTS:
• Four self-contained flats on one title
• Approx. 550m² landholding
• Established two-storey residential building
• Fully tenanted, generating approximately $89,000 per annum in gross rental income
• Potential rental income exceeding $100,000 per annum, subject to market rent reviewsand prevailing market conditions
• Four separate income streams, reducing reliance on a single tenancy
• Opportunity to enhance rental returns through renovations and property improvements, subject to relevant approvals
The property offers convenient access to:
• Princess Alexandra Hospital
• Junction Park State School
• The University of Queensland
• Public transport connections
• Local shopping precincts, cafés and everyday amenities
• Brisbane CBD
INVESTMENT APPEAL
Four income streams. One property. Long-term potential.
An attractive opportunity for investors seeking an income-producing asset with diversified tenancy income, future rental growth potential and an established landholding in Brisbane's inner south.
OFF-MARKET | PRIVATE ENQUIRIES WELCOME
For further information, rental details or to arrange a private inspection, contact: Francess Bonifacio 0452 067 233.
Disclaimer: All information provided has been obtained from sources believed to be reliable; however, Raine & Horne Carindale makes no representation or warranty as to its accuracy or completeness. Land area, property details and rental figures are approximate and subject to independent verification. Any projected rental income exceeding $100,000 per annum is an estimate only, subject to market rent reviews, tenancy arrangements, property improvements and prevailing market conditions, and is not guaranteed. Prospective purchasers are encouraged to conduct their own due diligence and seek independent professional advice before purchasing.
