UNDER CONTRACT.
- Fantastic residential investment - Hill End position
- 16 separate cavity-brick apartments
- 14 x studios and 2 x one bedroom
- Walk to parks, ferry and transport
- Current gross income $205,660/yr
- Last sold 2002, flood-free in 1974/2011
Are you looking for a unique residential investment to add to your portfolio or to kick start your self-managed super fund? Look no further than this solid brick block of inner city flats.
There are 14 x studio apartments and 2 x 1 bed apartments which have very rarely been vacant. With polished wooden floorboards throughout, each unit comes with a refrigerator, washing machine and dryer. The kitchens were renovated in 2002. There are 8 units on each level, with five units on the lower level having private courtyard areas.
Situated less than 3km from the CBD you are within walking distance of the CityCat, City Glider bus, Orleigh Park, walkways and bike paths. West End's cosmopolitan cafes, restaurants and eclectic boutiques are also at your door step as is the Brisbane State High School, the cultural and entertainment precinct of South Bank Parklands, major hospitals and the planned Kurilpa Renewal Precinct.
A unique residential offering in every sense of the word, my sellers are looking to the market to establish price.
Insurance for the building is approx $5600/yr.
