Well located, these four by two bedroom, one bathroom flats with city views are on block of land valued at $1.5 million.

Currently undervalued, rents at the property could easily be increased as most of the tenants are on periodic leases.

Refurbishment of the existing structure could only add considerable value and allow you to even further increase rents.

All spacious flats are approximately 85m2 in size with high ceilings and internal laundries.

With off-street parking for four vehicles, the flats are a very short walk from the Storey Bridge Hotel, restaurants, shops and the Holman Street Ferry Terminal.

Less than one kilometre from the CBD, this inner-city investment is in an elevated position and within close proximity to parks and other forms of public transport.

An ideal investment for an astute purchaser looking for a property with significant future, development potential, high land component and strong holding income.

Secure it now.

Sustainability Declaration available from our Coorparoo office.

City views
$1.5 million land value
Four x two bed, one bath
Periodic leases
Can add value
Strong holding income
Re-develop in future
Walk to ferry, restaurants, shops
Walk to hotel, bus, bike tracks, parks
One kilometre to CBD