House for Sale
- About this property
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Inner City Cash Cow - 7% GpaProperty ID 1531550One of the rarest opportunities to secure an inner city gem is available to the savvy buyer.
Perched high on the hill and on top of a spacious 807m2 of rare inner city land, this fantastic block of 9 flats boast an astonishing yearly revenue of $120k+
Currently configured as 7x1 bed and 2x2 bed flats, this unique property has low vacancy, no strata fees and caters to tenants who can access the surrounding infrastructure of Red Hill and Paddington within a short stroll
Nestled amongst multi-million dollar homes, this classic QLD'r still retains some of its original charm, with high ceilings, original marble fireplace and quality hardwood flooring, the bones of this magnificent property will put to rest any future issues
- 7x1 Bed Flats & 2x2 Bed Flats
- $120,000 gross yearly income
- 807m2 block with city views
- Amazing potential in a highly sought after location
Put in your super fund or purchase with long term gain in mind, opportunities as rare as these are very hard to find.