19 Waverley Road, Taringa QLD 4068

Offers Over $1,990,000

8 beds

4 baths

4 parking

UNIT COMPLEX ON SINGLE TITLE

With high rental demand, Set on a 640m2 block in the highly sought after suburb of Taringa, this block of 4 units presents unsurpassed opportunity.

The opportunity exists to add value for the right purchaser. Ample room to increase rent through renovations or land bank for future development, making use of the LMR2-3 Zoning

The residences represent a prime investment opportunity with great flexibility in one of Brisbane's most sought after suburbs. Access to major shopping centres & retail districs, industrial distric, public transport and only minutes to University of Queensland and a short drive along Coronation Drive to the CBD.

Property Features:
- 4x 2 Bedroom, 1 Bathroom flats on single title
- 4 Covered Car spaces with unit allocations
- Lockup storage for complex
- Individually metred power & internet connections
- LMR2-3 Zoning
- 640sqm block
- Single title
- Rental income of $92,560* per annum gross

Location:
- Approx. 5km to CBD
- Approx. 500m to Indooroopilly Shopping Centre
- Approx 3.4km to University of Queensland
- Approx 700m to Taringa Train Station
- Approx. 1km to Indooroopilly Shopping Centre
- Approx. 100m to Manchester Terrace Bus Stop
- Indooroopilly State School Catchment
- Indooroopilly State High School Catchment

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property Details

• Type: BlockOfUnits
• Bedrooms: 8
• Bathrooms: 4
• Garage Spaces: 4
• Land Area: 640 m² (approx)