Tightly Held Block of Nine Units on 890m2
This is one not to be missed!
Calling all investors and developers to this remarkable offering which holds a tightly held 890m2 position in one of Brisbane's premier inner city streets.
Capturing breathtaking city vistas, this supreme parcel holds massive potential for proposed redevelopment of up to three stories (STCA) with the current block of nine units residing with a non-strata title holding and with no body corporate fees attached.
The existing construction sees six three bedroom units and three two bedroom units all with lock-up garage spaces. With all tenants on a periodic lease arrangement, here's your opportunity to turn this property into a long term cash cow making this an excellent addition to the portfolio of astute investors.
Furthermore buy the property now, strata title the units, and renovate with the potential to on-sell and return a sound profit.
Enviably set within three kilometres of the CBD, investors are invited to take up this exclusive opportunity to maximise on the prime location to local amenities and public transport facilities.
There is no surprise that interest in this allotment is gathering
Lot/Plan No: 3/RP11286