ENTIRE BLOCK OF UNITS ON 885M2

This is a very rare and unique opportunity to secure an entire block of five, 2 bedroom brick units. Positioned on an 885m2 block within walking distance to the Chermside Shopping Centre this block is ready for either a complete make over or continue collecting the rent from the long term tenants. Most of he units are of original condition with one of them being recently updated with fresh paint, carpet in addition to a new kitchen and bathroom.

All the units are on the same level with individual car parks positioned directly below. You could easily strata title each of the units and sell them off individually or refurbish the entire block, strata them and capitalize. Either way the owner wants to sell the entire block and is considering all offers.

Unit 1 $300 per week
Unit 2 Currently Vacant
Unit 3 $270 per week
Unit 4 $240 per week
Unit 5 $240 per week

All leases are periodic.

Although original all the units are neat and tidy and all have the exact same layout and configuration. They consist of 2 bedrooms, bathroom, large wrap around kitchen and a multipurpose lounge/dining area. You could easily remove one wall that separates the kitchen and the lounge and create an open plan living and dining area that would be serviced straight from the kitchen.

The car accommodation could easily be converted into individual spaces while there is plenty of room to extend and add more car parks with the possibility of more dwellings. Rarely do unique properties like this become available, Don’t delay phone the marketing agent Alistair Macmillan NOW!!!

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