WHOLE UNIT BLOCK - BLUE CHIP POSITION - HUGE VALUE UPSIDE

SITUATED IN LEAFY ASHGROVE WE OFFER THIS BRICK UNIT BLOCK OFFERING 2 X 2 BEDROOM AND 3 X 1 BEDROOM UNITS ALL ON ONE TITLE. RETURNING $91,780.00 PA THE BLOCK IS VERY MUCH UNDER LET DUE TO LONG STANDING TENANTS. ALL LEASES ARE UP FOR RENEWAL IN JANUARY 2026 WHEN THE RENTAL INCOME CAN BE INCREASED. THE UNITS ARE IN COMFORTABLE ORDER BUT COULD USE AN UPGRADE TO MAXIMISE RETURN. Features include individual laundry facilities in carports for each unit, convenient access to trendy Ashgrove and the CBD of Brisbane. Current Rental Appraisal available with Information Memorandum suggesting that the rental worth is in excess of $124,000.00 pa.

Inspections by private appointment with Andrew Sim.

Explore the area

School catchments

Mt St Michael's College Combined 5-12 Catholic 0.69km
Ashgrove State School Primary Prep-6 Government 0.71km
Ithaca Creek State School Primary Prep-6 Government 0.83km
Mater Dei Catholic Primary School Primary Prep-6 Catholic 0.98km
St Finbarr's School Primary Prep-6 Catholic 1.1km
St Joseph's School Primary Prep-6 Catholic 1.2km
Marist College Ashgrove Combined 5-12 Catholic 1.2km
Oakleigh State School Primary Prep-6 Government 1.4km
Bardon State School Primary Prep-6 Government 1.6km
Rainworth State School Primary Prep-6 Government 2.0km
St Ambrose's Primary School Primary Prep-6 Catholic 2.4km
Stuartholme School Combined 5-12 Catholic 2.5km
Milton State School Primary Prep-6 Government 2.5km
Newmarket State School Primary Prep-6 Government 2.8km
Kelvin Grove State College Combined Prep-12 Government 2.8km
Compass Independent School Combined Prep-7 Independent 3.0km
Queensland Academy for Creative Industries Secondary 10-12 Government 3.1km
The Gap State High School Secondary 7-12 Government 3.3km
Hubbard's School Secondary Independent 3.3km
Hubbard's School Secondary 11-12 Independent 3.4km
Brisbane Grammar School Combined 5-12 Independent 3.5km
Hillbrook Anglican School Secondary 7-12 Independent 3.7km
Brisbane Girls Grammar School Secondary 7-12 Independent 3.7km
Arethusa College - West End Campus Secondary Independent 4.0km
IES College Secondary 12 Independent 4.0km
Omni Academies of Learning Secondary 7-9 Independent 4.0km

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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