HIGH DENSITY ZONING | GROSS RENT $108,940 PER ANNUM.
- THE DEAL -
2x 2 BEDROOM, 1 BATHROOM FLAT
1x 1 BEDROOM, 1 BATHROOM FLAT
1x STUDIO, 1 BATHROOM FLAT
2x 2 CAR LOCK UP GARAGE
TOTAL INCOME: $108,940 PER ANNUM
LAND: 509m2 I FRONTAGE: 21.2m
*Based on gross income from current lease agreements.
*All flats are on the one (1) title.
You will be very impressed with this whole block of four freehold flats located in a quiet street offering rock solid investment returns and future potential growth for the astute investors. This low maintenance investment will look after itself. Long term tenancies with low vacancy rates there is nothing left to do but sit back and relax as you watch your investment grow.
Each flat includes the following;
- Modern Kitchen
- Bright Bedroom(s) with window lighting
- Tidy functional Bathroom(s)
- Private outdoor area: Deck or Courtyard
- LOCATION -
Ideally positioned on a 509 m2 block with a wide 21.2 m frontage and parkland at the end of the street. Shops, restaurants, cafes and the CBD are only minutes away.
Less than 800m to the Royal Brisbane Hospital, easy access to the airport and the northern busway this property will tick all the boxes. The astute investor will realise the potential of this land rich property and future landbank opportunity. You will not be disappointed!
FLAT 1: 2 Bedrooms, 1 Bathroom
Lease Expiring - October 7th, 2025
$545.00 per week
FLAT 2: 2 Bedrooms, 1 Bathroom
Lease Expiring - July 3rd, 2026
$545.00.00 per week
FLAT 3: 1 Bedroom, 1 Bathroom, 1 Car Garage
Lease Expiring - May 3rd, 2026
$525.00 per week
Open by appointment only
FLAT 4: 1 Bedroom, 1 Bathroom, 1 Car Garage
Lease Expiring: January 29th, 2026
$480.00 per week
*Increasing to $525 per week on 07/11/2025
Open by appointment only
- SUMMARY -
Electricity: Approx $1,040 per quarter
Gas: Approx $367 per quarter
Water: Approx $888 per quarter
Rates: Approx $587 per quarter
Inspection by Appointment: Contact Rebecca Ormesher 0450 577 573 TODAY!
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