View photo
Flat
·
for sale
Request Details
Investment Grade Stock with Development Potential on 809sqm
Yeronga West
· 8 Bedrooms · 4 Baths · Flat
Yeronga West · 8 Bedrooms · 4 Baths · Flat
A substantial landholding and tightly held investment boasting immediate opportunity and long-term growth, this fully leased four-unit post-war complex presents an exceptional offering in one of Brisbane's most dynamic inner-city precincts. Positioned on an elevated, commanding 809sqm parcel with an impressive 20-metre frontage, the low-maintenance asset is 100% freehold and currently generating returns of $112,320 gross per annum, delivering strong holding income with outstanding future upside. Residing in an area with consistently high rental demand, the property offers immediate appeal for investors seeking secure cash flow, with the opportunity to increase income in the short and medium term while making long-term plans for redevelopment. Post-war and zoned CR2 Character (Infill), the site presents exciting scope to clear, subdivide, or redevelop with townhouses, units, a duplex or triplex. With an elevated aspect capturing city views, Mt Coot-tha vistas, and southern outlooks out
A substantial landholding and tightly held investment boasting immediate opportunity and long-term growth, this fully leased four-unit post-war complex presents an exceptional offering in one of Brisbane's most dynamic inner-city precincts. Positioned on an elevated, commanding 809sqm parcel with an impressive 20-metre frontage, the low-maintenance asset is 100% freehold and currently generating returns of $112,320 gross per annum, delivering strong holding income with outstanding future upside. Residing in an area with consistently high rental demand, the property offers immediate appeal for investors seeking secure cash flow, with the opportunity to increase income in the short and medium term while making long-term plans for redevelopment. Post-war and zoned CR2 Character (Infill), the site presents exciting scope to clear, subdivide, or redevelop with townhouses, units, a duplex or triplex. With an elevated aspect capturing city views, Mt Coot-tha vistas, and southern outlooks out
Request Details