15 Figgis Street, Kedron QLD 4031

Sold

5 beds

4 baths

4 parking

WHOLE BLOCK OF UNITS - SO MUCH POTENTIAL!

This is the first time this blue ribbon residential opportunity has come onto the market for the first time in over 30 years to finalise the estate. Prime block of 4 brick units built in the 1970's by the current owners family, all with lockup garages on a huge land rich 635m2 block of LMR (Low to Medium Residential) 2-3 levels. This quality investment is to be sold in one line and has low vacancy rates, giving the buyer a strong holding income of approximately $57,000 a year gross

* to be sold to finalise the estate
* prime position so close to the CBD
* solid brick units in immaculate condition all with lockup garages
* potential to value add on this under utilised block
* spacious 3 * 1 bedroom units and 1 *2 bedroom townhouse style unit
* superb level block with approximately 15m frontage
* prime location at only 7 km to CBD and walking distance to everything
* shops, buses, cafes and restaurants are only minutes away
* approximately $57,000 gross income per annum

Close to the everything, easy access to the airport, buses cafe's. This property will tick all the boxes. The developer, self managed super fund or astute investor will realise the potential of this quality property. You will not be disappointed, sit back relax and enjoy the capital gain !! Make no mistake this property is being sold to finalise the estate.

Property Details

• Type: BlockOfUnits
• Bedrooms: 5
• Bathrooms: 4
• Garage Spaces: 4