GREAT INVESTMENT / DEVELOPMENT OPPORTUNITY

Be in quick as this rare opportunity to purchase this solid block of 5 units won't last long. In a prime location in the heart of Coorparoo and only a stone's throw away from the fabulous Coorparoo Square that is home to Aldi, cafes, restaurants including the popular Beyond the Pale bar and the Dendy Movie Theatre. Within easy walking distance to busses and trains making it a quick trip into the city from here.

Located only 4.5 km to the CBD. Don't delay act quickly to secure this excellent investment opportunity with no body Corp or capitalise on developing this LMR site which allows for 2-3 stories, either way it is a win win.

There are tenants currently in place who would love to stay on, however, it has been achieving less than the current market rent as it has been self-managed by the owner who lives on site.

Units 1 through to 4 all have 1 bedroom, 1 bathroom and 1 car space (potential return $250 - $275 per week)
Unit 5 boasts 3 bedrooms, 2 bathrooms, a kitchen, a kitchenette and 3 utility rooms (potential rental return $500 to $550 per week)
Rates approx $1400 per quarter
Water approx $1100 per quarter

Phone for a private inspection today.

Explore the area

View in Google Maps

School catchments

Queensland Pathways State College - Coorparoo Campus Secondary Government 0.40km
Coorparoo State School Primary Prep-6 Government 0.42km
Queensland Pathways State College Secondary 10-12 Government 0.50km
Coorparoo Secondary College Secondary 7-12 Government 0.69km
Brisbane School of Distance Education Combined Prep-12 Government 0.69km
Coorparoo Centre for Continuing Secondary Education Secondary Government 0.69km
Villanova College Combined 5-12 Catholic 0.78km
St James Primary School Primary Prep-6 Catholic 1.0km
Anglican Church Grammar School Combined Prep-12 Independent 1.2km
Our Lady of Mount Carmel School Primary Prep-6 Catholic 1.4km
St Thomas' School Primary Prep-6 Catholic 1.6km
Buranda State School Primary Prep-6 Government 1.6km
Greenslopes State School Primary Prep-6 Government 1.8km
East Brisbane State School Primary Prep-6 Government 1.9km
Norman Park State School Primary Prep-6 Government 1.9km
Camp Hill State Infants and Primary School Primary Prep-6 Government 2.1km
Loreto College Coorparoo Combined 5-12 Catholic 2.2km
Seven Hills State School Primary Prep-6 Government 2.2km
Australian International Islamic College - Buranda Campus Combined Independent 2.2km
Lourdes Hill College Combined 5-12 Catholic 2.4km
Whites Hill State College Combined Prep-12 Government 2.6km
Brisbane South State Secondary College Secondary 7-11 Government 3.0km
Cavendish Road State High School Secondary 7-12 Government 3.2km
St Laurence's College Combined 5-12 Catholic 3.2km
San Sisto College Secondary 7-12 Catholic 3.3km

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.