UNSURPASSED DEVELOPMENT OPPORTUNITY - INVESTMENT BONANZA

SCARCELY OFFERED AND SELDOM FOUND THESE PROPERTIES ARE INCREDIBLY DIFFICULT TO SOURCE AND OWN. WE OFFER TWO UNIT BLOCKS SITTING SIDE BY SIDE (SEPARATE TITLES) ON A LAND HOLDING OF 1695 SQUARE METRES. THE COMBINED RENTAL INCOME IS $174,200.00 PA WITH THE INCOME ON THE LOW SIDE THERE IS SCOPE FOR A MUCH HIGHER RETURN. HAVING GREAT DEVELOPMENTAL PROSPECTS AND HOLDING POTENTIAL WITH A COMBINED FRONTAGE OF 43 METRES THE PROPERTY COULD BE DEVELOPED NOW OR HELD FOR FUTURE DEVELOPMENT. Both unit blocks are on two titles (807sqm and 888sqm) comprising 4 x 2 bedroom and 5 x 2 bedroom (nine two bedroom units in all) with each being fully let.

Explore the area

School catchments

Mary MacKillop College Secondary 7-12 Catholic 0.41km
St Joseph's School Primary Prep-6 Catholic 0.58km
Nundah State School Primary Prep-6 Government 0.59km
Aviation High Secondary 7-12 Government 0.84km
Northgate State School Primary Prep-6 Government 1.3km
Eagle Junction State School Primary Prep-6 Government 1.6km
Our Lady Help of Christians School Primary Prep-6 Catholic 1.7km
Clayfield College Combined Prep-12 Independent 1.8km
Hendra State School Primary Prep-6 Government 2.0km
St Rita's College Combined 5-12 Catholic 2.1km
St Agatha's Primary School Primary Prep-6 Catholic 2.2km
Kedron State High School Secondary 7-12 Government 2.4km
Wavell State High School Secondary 7-12 Government 2.6km
Our Lady of the Angels' School Primary Prep-6 Catholic 2.6km
Virginia State School Primary Prep-6 Government 2.6km
Kedron State School Primary Prep-6 Government 2.7km
Wooloowin State School Primary Prep-6 Government 2.7km
Holy Cross School Primary Prep-6 Catholic 2.9km
St Margaret's Anglican Girls School Combined Prep-12 Independent 2.9km
Mount Alvernia College Secondary 7-12 Catholic 3.4km
Earnshaw State College Combined Prep-12 Government 3.6km
Padua College Combined 5-12 Catholic 3.6km
Craigslea State High School Secondary 7-12 Government 5.3km
St Joseph's Nudgee College Combined 5-12 Catholic 5.3km
Balmoral State High School Secondary 7-12 Government 5.6km
Fortitude Valley State Secondary College Secondary 7-12 Government 5.7km
Angelorum College Combined Prep-10 Independent 6.1km

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.

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.