Block of flats, 1012m² of Land, Development Potential
- 6 Beds
- 6 Baths
- 4 Cars
Rarely available in Highgate Hill, this great opportunity to purchase a block of 6 flats on a generous 1012m2 (Approx. 40 Perch) allotment comes to market. With great holding income this Highgate Hill honey would be a great addition to any investment portfolio. Do the sums, it pretty much pays for itself!
- 6 x 1 bedroom, 1 bathroom flats (all leased)
- Current rental income of $68,307 pa approx.
- 1012m block on 2 lots (506m2) with 20.4m frontage
- Hold, Renovate, Subdivide or Demolish (STCA) You have options
- Located in highly sought after Brisbane State High School Catchment
- Elevated location only 900m to South Bank and 1.3km to CBD
- Plenty of off street car parking for all tenants
Take this golden investment opportunity with both hands!
Rates $1117.06 per qtr
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