GREAT INVESTMENT WITH LOTS OF POTENTIAL
For Sale Sale By Negotiation
This type of property is rarely available, so the opportunity to grab one doesn't come up often. Sitting on a large 1012sqm site this purpose built block of 6 oversized cavity brick units doesn't just offer a solid return, there is also the potential (subject to council approval) to increase the existing footprint with the addition of a further unit or units. Ideally located in a quiet and popular residential area, the property is less than 8 klms from the CBD, minutes to the Airport and within walking distance of Public Transport, local shops, schools and Toombul Shopping centre; everything is truly at your fingertips.
Solid as a rock the block comprises 6 x 2 bedroom, 1 bathroom units each with internal laundries and lock up garages which easily accommodate 2 cars in tandem. Each individual unit is generous in size and has generally the same layout, comprising:
-2 Built-in bedrooms
-Neat kitchens with good cupboard space.
-Separate lounge and dining areas.
-Main bathroom incorporating the laundry facilities.
-Balconies off living area's
Currently returning approximately $100,000.00 per annum with potential to improve, this property would be a great addition to any property portfolio or super fund.