9 Dorsey Street, Milton, QLD, 4064
- 8 BED
- 4 BATH
- 4 CAR
Cash Cow & Growth Opportunity
Are you looking to start or add to your investment portfolio? Then look no further!
Option to buy one or both of the properties!
Whist un-renovated, these properties have demonstrated great rental yield as-is, plus there is great potential to enhance the rental yield by future renovation works.
This golden cash-flow opportunity consists of two free-hold townhomes, each featuring 4 bedrooms, 2bathrooms, and 2 car spaces. The properties also enjoy direct street frontage.
Both of the two properties have the same three-level layout and adjoining each other:
The ground level has off-street parking spaces and the spacious fourth bedroom which connects to the large living/rumpus room and the courtyard; It can also easily be converted into two bedrooms.
The 2nd floor comes with a sizeable kitchen, an open plan living and dining area which connects to the balcony and the 2nd bedroom with lockable two-way access to the bathroom. The 2nd balcony is accessible by the bedroom and the living area.
On the 3rd floor, the remaining two bedrooms share the two-way bathroom as well as the balcony.
Some of the highlights are:
1. Estimated rental yield over 5% gross per annum.
2. Hot-spot position, proven capital growth history.
3. Great uplift potential on rental returns with renovation works.
4. Medium-density zoning with potential future development subject to council approval.
Location is the key here.
+ 350m walking to Park Rd, one of the most vibrant commercial & business precincts.
+ 550m walking to Milton Station
+ 600m walking to Milton Ferry Terminal
+ Within 3km* to the Brisbane CBD
and more…
Contact Tony XU today to request any further information or arrange a private inspection!
*Please note all information is gathered either directly or indirectly from the sources we deem reliable. However, buyers should rely solely on their own investigations and judgment when making a purchase decision.
*Please note photos are indicative only and may not be an exact reflection of the property conditions.