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1-4/106 Princess Street,
Kangaroo Point 4169, Queensland

8 bedrooms
4 bathrooms
4 car spaces
645m² land size
Block of Units

$2,540,888

Property details

Rare and unique opportunity in Brisbanes best suburb!

This block of four units is a property that seldom comes to market and must be sold at auction.

This exceptional investment opportunity offers a versatile range of options, including the potential to continue renting out the units for a solid return, undertake a renovation project to enhance their appeal, or explore the possibility of a redevelopment to maximize the property's potential.

With a current annual return of approximately $105,000, this property represents a lucrative investment with immediate income-generating potential. The flexible nature of the property allows for various avenues to be explored, catering to a range of buyer preferences and investment strategies.

Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents.

Unit 1 - 2 Bed 1 Bath 1 Car
Unit 2 - 2 Bed 1 Bath 1 Car
Unit 3 - 2 Bed 1 Bath 1 Car
Unit 4 - 2 Bed 1 Bath 1 Car

Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this block of units offers endless possibilities for astute investors.

Situated just a few hundred meters from the iconic Gabba Stadium, this property enjoys a prime location that is sure to appeal to sports enthusiasts and investors alike. The proximity to this renowned sporting venue adds to the allure of the property and presents additional opportunities for rental income or capital growth.

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 15th August 2024 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Explore the area

Static map image for property View in Google Maps

School catchments

  • East Brisbane State School Primary Prep-6 Government 0.38km
  • St Joseph's Primary School Primary Prep-6 Catholic 0.56km
  • Anglican Church Grammar School Combined Prep-12 Independent 1.2km
  • Somerville House Combined Prep-12 Independent 1.3km
  • St Laurence's College Combined 5-12 Catholic 1.4km

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.

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