WHOLE UNIT BLOCK - BLUE CHIP POSITION - HUGE VALUE UPSIDE
SITUATED IN LEAFY ASHGROVE WE OFFER THIS BRICK UNIT BLOCK OFFERING 2 X 2 BEDROOM AND 3 X 1 BEDROOM UNITS ALL ON ONE TITLE. RETURNING $91,780.00 PA THE BLOCK IS VERY MUCH UNDER LET DUE TO LONG STANDING TENANTS. ALL LEASES ARE UP FOR RENEWAL IN JANUARY 2026 WHEN THE RENTAL INCOME CAN BE INCREASED. THE UNITS ARE IN COMFORTABLE ORDER BUT COULD USE AN UPGRADE TO MAXIMISE RETURN. Features include individual laundry facilities in carports for each unit, convenient access to trendy Ashgrove and the CBD of Brisbane. Current Rental Appraisal available with Information Memorandum suggesting that the rental worth is in excess of $124,000.00 pa.
Inspections by private appointment with Andrew Sim.
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