A Rare Block of Flats in Tightly-Held Location
Auction Location: On-Site.
Delivering an unmissable opportunity in one of Brisbane’s most prestigious postcodes, this tightly held 809m2 block with city views is a strong candidate for development or to hold for future growth.
Showcasing an impressive 20m frontage and made up of four established units, this solid, brick property provides a combined rental income of $1,160 per week or $60,320 per annum, with no body corporate or body corporate fees.
While providing a strong rental return, there is also great potential (subject to council approval), to capitalise on this desirable land by adding more units, or building your dream home or subdividing.
Each unit currently features a streamlined layout of two bedrooms, light filled kitchen, family room and one car accommodation.
Offering complete accessibility and every convenience, this prestigious Norman Park location is within easy access to Brisbane’s most elite schools, transport facilities and lifestyle precincts.
Delivering the scale, size and location required for a strong long term investment or luxurious family home, a property opportunity of this calibre is extremely hard to find.
If you’re looking to make your next investment that will provide strong rental returns and capital value growth in one of Brisbane’s best inner-city postcodes, inspect now.
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...
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