Situated on 819 square meters (and on two titles) you have so many options available here. The house itself needs work – alas the perfect opportunity to create a masterpiece upon this lucrative canvas.
Currently featuring:
- Two x one bedroom apartments situated at the front of house with front and side access
- One x two bedroom apartment situated at the back of the house with north-facing balcony and side access
- Triple carport
- Storage room and space
Located just minutes away from Brisbane’s CBD, convenience is key with only a short stroll to public transport, local restaurants, cafes and direct access to the Airport Link. This property will suit all.
Its current gross rental return is only $26,150 per annum as the rent has not been adjusted for eight years. These figures sit well under market value and there is plenty of room for growth and increases. Current rates are $1,018.90 per quarter.
The owners would like a quick sale so please, start calculating your ideas into profitable figures and present your best offer.
For more information of the current returns per ï¬at, and other information contact us today.
Potential development site
2 Lots on 819 sqm total
Opportunity to Capitalise
Close to CBD, transport, airport link and amenities
Accommodates for all – students, professionals, retirees and growing families