A mere 400m from waterfront parklands, sandy beach and uninterrupted views of the islands is this multi-income stream coastal investment. With strong growth already and renovation upside, this three-flat property on a single 405sq m block is a smart, quiet achiever as a long-term land hold.
Currently returning $58,500 per annum, there is great potential to value-add given some work is required. Two of the three flats have been partially updated already, and they all each offer two bedrooms, one bathroom, an open-plan living/dining/kitchen, laundry, and parking for a vehicle. As a post-war property, redevelopment is also a lucrative consideration (STCA).
The location is superb, being east of Oxley Avenue and close not only to the water, but also to public transport and shops. It's also just 25 minutes to Brisbane Airport.
22 Hardiman St, Woody Point includes, but is not limited to:
- Triple-income coastal investment metres from the waterfront, east of Oxley Ave
- 405sq m block, approximately 11m frontage, 36.9m depth
- Returning $58,500 per annum, required work provides opportunity to add value
- Three flats, each with two bedrooms, one bathroom, open-plan living, parking
- Post-war allowing for redevelopment (STCA), or hold for a passive income
- Walk to Scotts Point Beach, waterfront parks, bus services and cafes
- Only 25 minutes to Brisbane Airport, within 4km of central Redcliffe
* Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research
