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Sold
15 King Street,
Annerley 4103, Queensland
$2,870,000
Property details
-
Agents
Sold By Will Bertelsen & Daniel Fletcher
Offered to market for the first time ever, this immaculate cavity brick unit block will impress with its ready-made investment and capital growth opportunities. Set on 829m2 block in an exceptionally convenient pocket of Annerley, the six-residence building is currently generating $2395 per week in rental income.
Walking distance to countless amenities including Buranda Village shopping centre, the Princess Alexandra Hospital, rapid CBD Transport inc Buranda Train Station / express CBD bus lines and easy access to M1. It's also located in the brand new Brisbane South State Secondary College catchment zone and is close to the colourful South Bank Parklands and Mater Hospital.
Maintained with the utmost attention to detail over the years, this property is in exceptional condition in an area where there is a very real prospect for future development opportunities, being one block away from the established high - rise pocket surrounding Buranda Village.
The property's six (2 x 3 bed, 1 bath / 4 x 2 bed, 1 bath) units offer a choice of expansive floor plans, each boasting a private balcony and private remote garage (oversized single or tandem, one oversized double). The units have been renovated to varying standards, but all feature reverse cycle air-conditioning. The block is fully occupied with long term tenants. Services separately metered, security intercom throughout, registered security keys.
Current approximate Annual Outgoings:
- Common Property Electricity - $85
- Brisbane City Council Rates - $9,982.80
- Urban Utilities Water & Sewerage - $4,968
- Building and Public Liability Insurance - $3,020
- Total Outgoings = $18,055.80
Presenting a flexible yet secure and low maintenance investment just 3km from the CBD, 'Gracian Court' units are a must see. Don't miss out on this fantastic opportunity, call today to arrange an inspection or to request a copy of the Information Memorandum.
Walking distance to countless amenities including Buranda Village shopping centre, the Princess Alexandra Hospital, rapid CBD Transport inc Buranda Train Station / express CBD bus lines and easy access to M1. It's also located in the brand new Brisbane South State Secondary College catchment zone and is close to the colourful South Bank Parklands and Mater Hospital.
Maintained with the utmost attention to detail over the years, this property is in exceptional condition in an area where there is a very real prospect for future development opportunities, being one block away from the established high - rise pocket surrounding Buranda Village.
The property's six (2 x 3 bed, 1 bath / 4 x 2 bed, 1 bath) units offer a choice of expansive floor plans, each boasting a private balcony and private remote garage (oversized single or tandem, one oversized double). The units have been renovated to varying standards, but all feature reverse cycle air-conditioning. The block is fully occupied with long term tenants. Services separately metered, security intercom throughout, registered security keys.
Current approximate Annual Outgoings:
- Common Property Electricity - $85
- Brisbane City Council Rates - $9,982.80
- Urban Utilities Water & Sewerage - $4,968
- Building and Public Liability Insurance - $3,020
- Total Outgoings = $18,055.80
Presenting a flexible yet secure and low maintenance investment just 3km from the CBD, 'Gracian Court' units are a must see. Don't miss out on this fantastic opportunity, call today to arrange an inspection or to request a copy of the Information Memorandum.
Explore the area
School catchments
- Australian International Islamic College - Buranda Campus Combined Independent 0.75km
- Buranda State School Primary Prep-6 Government 0.81km
- Junction Park State School Primary Prep-6 Government 0.86km
- Brisbane South State Secondary College Secondary 7-11 Government 1.2km
- Dutton Park State School Primary Prep-6 Government 1.3km
- Greenslopes State School Primary Prep-6 Government 1.4km
- St James Primary School Primary Prep-6 Catholic 1.6km
- Our Lady's College Secondary 7-12 Catholic 1.6km
- St Ita's Regional Primary School Primary Prep-6 Catholic 1.6km
- Villanova College Combined 5-12 Catholic 1.6km
- Mary Immaculate Primary School Primary Prep-6 Catholic 1.7km
- East Brisbane State School Primary Prep-6 Government 1.8km
- St Laurence's College Combined 5-12 Catholic 2.0km
- Yeronga State High School Secondary 7-12 Government 2.1km
- St Joseph's Primary School Primary Prep-6 Catholic 2.2km
- St Elizabeth's School Primary Prep-6 Catholic 2.3km
- Somerville House Combined Prep-12 Independent 2.4km
- Queensland Pathways State College - Coorparoo Campus Secondary Government 2.4km
- Coorparoo Secondary College Secondary 7-12 Government 2.5km
- Brisbane School of Distance Education Combined Prep-12 Government 2.5km
- Coorparoo Centre for Continuing Secondary Education Secondary Government 2.5km
- Queensland Pathways State College Secondary 10-12 Government 2.6km
- Anglican Church Grammar School Combined Prep-12 Independent 2.6km
- Loreto College Coorparoo Combined 5-12 Catholic 2.8km
- Brisbane State High School Secondary 7-12 Government 3.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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