OUTSTANDING Income & Potential
Property, is professionally managed.
Outstanding Investment in it’s own right, High Cashflow currently During COVID Income Approx. $156k p.a.
Outside of COVID the income may climb towards $170k p.a. (previous rental income).
IT IS A High Performing STUDENT ACCOMMODATION
And we are 100% Occupied!
* 2 Level with 2 Large Kitchens,
* 13 Bedrooms.
* 12 Bathrooms.
* 2 Large Common Areas & 2 Decks.
* 885m2 MDR Zoned Land. (Potential 5 Story Development)
Location,
Close to CBD less than 1km. Close to QUT, Mater Hospital, South Bank, Cafes, Shopping and New Farm – Fortitude Valley Entertainment .
Kangaroo Point will be a hub of growth.
* Which will supported by the Cross River Rail Terminal being built opposite
Gabba Central and the Bridge to come from Kangaroo Point to The CBD*
B.C.C. Newsletter Explaining this Bridge is available from the Agent upon Request!
My Owners are making Commercial Decisions and Selling is important.
Inspections only at the pre-organised times, please do not enter the property without the Agent being Present.
For Sale by Expressions of Interest.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.