Positioned on an elevated 1088m2 block, zoned LMR with qualification for potential 4 stories under the new "More Homes Sooner" town plan, these three townhouses on one title offer a fantastic opportunity for savvy investors looking for high yield high future potential land banking opportunities. With no restrictions on potential future knock down rebuild, potential rental returns of $120k+ per annum and a low maintenance investment, this ticks all of the boxes.
Configuration
1 x 3 bed 2 bath 2 car townhouse - renovated recently - currently vacant - rental appraisal $800-$850 per week
2 x 2 bed 2 bath 1 car townhouses - original condition (built 2000) - currently tenanted $550 per week (long term tenants) until April 2027 (appraisal $650-$700 per week)
Sitting on a quiet street in the perfect location, Hastings Street puts the property within close proximity to:
Fairfield Train Station (less than 300m)
Fairfield Gardens Shopping Centre
Woolworths Annerley
Buses in and out of the CBD
Buses across Green Bridge to UQ
Short trip to Princess Alexandra Hospital or Greenslopes Private Hospital
Multiple cafes and specialty stores, parks and recreational facilities
A rare opportunity, move quickly to secure this incredible investment.
