OFFERS OVER $1,500,000
Located centrally in Nundah is this brick complex of 6 units.
A fantastic opportunity to purchase a readymade portfolio in a great street of Nundah, the last time this complex went to the market was 34 years ago so don't hesitate!!!
Unit 1 is a 2 level 2-bedroom unit starting on ground level with an internal laundry and extra toilet.
Unit 2 is a fully ground floor 1 bedroom while the other 4 one bedroom Units are across the top of the garages, all units have individual lock up garages and laundry combo's.
The complex is well maintained, and all have balconies, modern kitchens, and tidy bathrooms.
All units are currently leased into 2023 and 2024, gross weekly income is $1,780 ($92,560 pa approx.), with plenty of room for growth.
Situated on a flat 808sqm block
Zoning: LMR2 - LOW MEDIUM DENSITY RESIDENTIAL.
This would be a fantastic portfolio builder or super nest egg.
No Body Corp Fees.
This property is a walk in ready to go investment.
The Complex;
• 2 x 2 Bedrooms and 4 x 1 Bedroom
• Modern kitchens and bathrooms throughout
• 6 extra-long single lock up garages with laundry combo's
• Fully Tenanted- All Lease into 2023 and 2024
• Returning $92,560 pa gross approx.. plenty room to grow
• 808sqm flat block
• BCC Rates $1,744 per ¼ approx..
• Urban Utilities $1,620 per ¼ approx..
• All Smoke Alarm Compliant and on service subscription.
• All individually metered except for water
• Cmty Gas Hot Water System
Location;
• Easy access to Bus and Main Line Train- Nundah Station
• Walk to the ever growing and ever popular Nundah Village
• Only minutes to Multiple Schools, Gateway and Brisbane Airport.
Fast Facts;
• BCC Rates $1,744 per ¼
• Urban Water $ 1,614 per ¼
Contact Peter Tornabene on 0412 879 136 to inspect your future.
1162 Sandgate Road, Nundah QLD 4012
PETER TORNABENE
0412879136
