Rare Block of Townhouses - 1088m2 LMR Zoned

Positioned on an elevated 1088m2 block, zoned LMR with qualification for potential 4 stories under the new "More Homes Sooner" town plan, these three townhouses on one title offer a fantastic opportunity for savvy investors looking for high yield high future potential land banking opportunities. With no restrictions on potential future knock down rebuild, potential rental returns of $120k+ per annum and a low maintenance investment, this ticks all of the boxes.

Configuration
1 x 3 bed 2 bath 2 car townhouse - renovated recently - currently vacant - rental appraisal $800-$850 per week
2 x 2 bed 2 bath 1 car townhouses - original condition (built 2000) - currently tenanted $550 per week (long term tenants) until April 2027 (appraisal $650-$700 per week)

Sitting on a quiet street in the perfect location, Hastings Street puts the property within close proximity to:
Fairfield Train Station (less than 300m)
Fairfield Gardens Shopping Centre
Woolworths Annerley
Buses in and out of the CBD
Buses across Green Bridge to UQ
Short trip to Princess Alexandra Hospital or Greenslopes Private Hospital
Multiple cafes and specialty stores, parks and recreational facilities

A rare opportunity, move quickly to secure this incredible investment.

Inspections

Saturday, 7 Nov 12:00 PM - 12:30 PM

Explore the area

View in Google Maps

School catchments

Junction Park State School Primary Prep-6 Government 0.57km
Our Lady's College Secondary 7-12 Catholic 0.60km
Mary Immaculate Primary School Primary Prep-6 Catholic 0.65km
Yeronga State High School Secondary 7-12 Government 0.96km
Yeronga State School Primary Prep-6 Government 1.3km
Brisbane South State Secondary College Secondary 7-11 Government 1.6km
Australian International Islamic College - Buranda Campus Combined Independent 1.8km
St Elizabeth's School Primary Prep-6 Catholic 1.8km
Dutton Park State School Primary Prep-6 Government 1.9km
St Sebastian's Primary School Primary Prep-6 Catholic 1.9km
St Ita's Regional Primary School Primary Prep-6 Catholic 1.9km
Buranda State School Primary Prep-6 Government 2.0km
Greenslopes State School Primary Prep-6 Government 2.0km
Wellers Hill State School Primary Prep-6 Government 2.3km
St James Primary School Primary Prep-6 Catholic 2.6km
St Laurence's College Combined 5-12 Catholic 2.7km
Villanova College Combined 5-12 Catholic 2.7km
Moorooka State School Primary Prep-6 Government 2.8km
Somerville House Combined Prep-12 Independent 3.1km
Loreto College Coorparoo Combined 5-12 Catholic 3.4km
Queensland Pathways State College - Coorparoo Campus Secondary Government 3.5km
Coorparoo Secondary College Secondary 7-12 Government 3.6km
Brisbane School of Distance Education Combined Prep-12 Government 3.6km
Coorparoo Centre for Continuing Secondary Education Secondary Government 3.6km
Queensland Pathways State College Secondary 10-12 Government 3.6km
Holland Park State High School Secondary 7-12 Government 3.6km
Brisbane State High School Secondary 7-12 Government 3.7km

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.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.