Superbly located these five x one bed and two x two bed flats are in a quiet position on a substantial block of land valued at $1.35 million.
With all tenants on periodic leases rents at the property could easily be increased to their true market value.
Further refurbishment of the existing structure could only add considerable value and allow you to even further increase rents.
Approximately five kilometres from the CBD with a direct and easy route to it this inner city investment is a short walk from a shopping centre, public transport and schools.
An ideal investment for an astute purchaser looking for a property with significant future development potential and strong holding income.
Make it yours now.
Sustainability Declaration available from our Coorparoo office.
Seven flats
5 x 1 bed, 2 x 2 bed
$1.35M land value
Periodic leases
Can add value
Room for rent increases
Re-develop in future
Walk to transport, shops
5kms to CBD