This multiple dwelling of 8 x 1 bedroom self contained units on a single title, returns an incredibly strong rental income of $180,180 PA.
The leases are structured for each tenant to pay a calendar month in advance on the 2nd of the month which minimises rental payment monitoring to 12 times a year on the same date of the month.
A Clayfield address will appeal to astute investors that a fully leased unit block underpins continued strong rental & capital growth.
This centrally positioned property delivers the advantage of proximity to the CBD, Brisbane Airport, Gateway & Airport Link motorways, Eagle Junction & Clayfield Stations, & Chermside & Lutwyche shopping centres, ensuring good tenancy supply due to this convenience.
Property features in detail are:
- Bretts Locksmiths master keyed system for owner/agent with single key access to all doors and screen doors
- exposed aggregate concrete driveway & turning area
- numbered allocated parking on slab
- split system air conditioning to each unit
- stone bench tops to units 1, 2, 3, 5, 7 & 8
- internal provision for laundry facilities to each unit
- isolation valves to each unit for their water supply which allows ease of maintenance to each unit and any future installation of water meters to each unit
- QBCC licensed roofer installation of new 0.42 bmt zincalume roof to upper roof areas & new 0.6 bmt zincalume roof to lower roof areas.
The property has a pre 1911 building overlay and is LMR2 which is low to medium density zoning
This zoning allows for a multiple dwelling that is;
* less than 400 metres to the Clayfield Railway Station
* has a frontage to road reserve of 20 metres
* code assessable up to 3 storey's and 11.5m in height should development opportunities be considered.
* concept plans available on request.
