Chermside, QLD, 4032

$2,700,000
Sold on 28th June 2019
  • 22 BED
  • 11 BATH
  • 11 CAR
Sold

Block of 11 units currently rented at approx $185,900 p.a gross,

A fantastic opportunity on offer this complex block of 11 units currently rented at approx $185,900 p.a gross, with scope to improve with NO BODY CORPORATE agreements – NO REAL ESTATE LICENCE REQUIRED – FHGC

Eleven individually Strata titled apartments for sale in one parcel (11 x 2 bedroom ) built in 1990 by the current owner on 1,448 m2 block .

Located within a few minutes’ stroll of one of Queensland’s largest and most dynamic retail and commercial centres, the property offers the benefit of a substantial holding income whilst you explore redevelopment opportunities under its current zoning.

This property is a Refurbish or Redevelop opportunity not to be missed !


Property Details
Property Type: Residential
Land Area: 1448 SQM

Property Features
Air Conditioning
Dishwasher
Balcony
Secure Parking

Karen Moke
Property Expert