Excellent Income + Secure Tenants = The Perfect Investment
Returning in excess of $66 500 per annum, this fully renovated property comprising of two large flats has eight furnished rooms in total with shared living, dining and kitchen facilities.
Zoned LMR, over 2 lots with 32 perches of prime inner city land you can either reap significant returns on the eight secure leases currently in place or you can start planning for potential redevelopment opportunities. You can also convert the property back to the original configuration of 4 flats.
With low maintenance gardens, new kitchen and bathrooms with all furnishings included sit back and watch your investment grow.
Located in a quiet cul-de-sac, this positioning belies the 2km distance from the hub of the CBD. With walking distance to QUT Kelvin Grove, caf precincts and easy access to bikeways and busways this property will always be in high demand.
Lot/Plan No: 48/RP20411