SUPERBLY PRESENTED UNIT BLOCK - HIGH RETURN - FIRST CLASS INVESTMENT

This multiple dwelling of 8 x 1 bedroom self contained units on a single title, returns an incredibly strong rental income of $180,180 PA.

The leases are structured for each tenant to pay a calendar month in advance on the 2nd of the month which minimises rental payment monitoring to 12 times a year on the same date of the month.

A Clayfield address will appeal to astute investors that a fully leased unit block underpins continued strong rental & capital growth.

This centrally positioned property delivers the advantage of proximity to the CBD, Brisbane Airport, Gateway & Airport Link motorways, Eagle Junction & Clayfield Stations, & Chermside & Lutwyche shopping centres, ensuring good tenancy supply due to this convenience.

Property features in detail are:

- Bretts Locksmiths master keyed system for owner/agent with single key access to all doors and screen doors
- exposed aggregate concrete driveway & turning area
- numbered allocated parking on slab
- split system air conditioning to each unit
- stone bench tops to units 1, 2, 3, 5, 7 & 8
- internal provision for laundry facilities to each unit
- isolation valves to each unit for their water supply which allows ease of maintenance to each unit and any future installation of water meters to each unit

- QBCC licensed roofer installation of new 0.42 bmt zincalume roof to upper roof areas & new 0.6 bmt zincalume roof to lower roof areas.

The property has a pre 1911 building overlay and is LMR2 which is low to medium density zoning
This zoning allows for a multiple dwelling that is;

* less than 400 metres to the Clayfield Railway Station

* has a frontage to road reserve of 20 metres

* code assessable up to 3 storey's and 11.5m in height should development opportunities be considered.

* concept plans available on request.

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School catchments

Eagle Junction State School Primary Prep-6 Government 0.55km
Clayfield College Combined Prep-12 Independent 0.63km
Aviation High Secondary 7-12 Government 0.76km
St Rita's College Combined 5-12 Catholic 1.1km
St Agatha's Primary School Primary Prep-6 Catholic 1.2km
St Joseph's School Primary Prep-6 Catholic 1.3km
Mary MacKillop College Secondary 7-12 Catholic 1.3km
Our Lady Help of Christians School Primary Prep-6 Catholic 1.3km
Nundah State School Primary Prep-6 Government 1.5km
Kedron State High School Secondary 7-12 Government 1.5km
St Margaret's Anglican Girls School Combined Prep-12 Independent 1.8km
Wooloowin State School Primary Prep-6 Government 1.8km
Holy Cross School Primary Prep-6 Catholic 1.8km
Hendra State School Primary Prep-6 Government 1.9km
Ascot State School Primary Prep-6 Government 2.0km
Kedron State School Primary Prep-6 Government 2.3km
Northgate State School Primary Prep-6 Government 2.4km
Wavell State High School Secondary 7-12 Government 2.6km
Hamilton State School Primary Prep-6 Government 2.7km
Mount Alvernia College Secondary 7-12 Catholic 3.0km
Padua College Combined 5-12 Catholic 3.1km
Fortitude Valley State Secondary College Secondary 7-12 Government 4.6km
Earnshaw State College Combined Prep-12 Government 4.8km
Balmoral State High School Secondary 7-12 Government 4.9km
Angelorum College Combined Prep-10 Independent 5.0km
Humanitas High School - Initial Campus Secondary Independent 5.0km
Humanitas High School Secondary 7-11 Independent 5.1km

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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