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34 Ridge Street HIGHGATE HILL, QLD 4101

Sold on 22 Dec 2011
  • 6 Beds
  • 6 Baths
  • 4 Cars
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Home in HIGHGATE HILL

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!

The Facts:

  • 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

Bedrooms:

6

Bathrooms:

6

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Suburb

HIGHGATE HILL

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