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11 Fred Street,
Red Hill 4059, Queensland
Price withheld
Property details
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UNDER OFFER
Currently returning a gross weekly income of $1,255 (full leased), this property offers great potential to add value. Live in part of it and lease the rest or purchase solely for investment. The flats are individually metered for gas and electricity. Located in an elevated, corner position this investment offers two street access and low turnover. Take advantage of the current tenancies with fixed term leases in place or consider development potential.
Features include:
* Four flats on a 632m2 block
* Retro façade
* Communal laundry
Unit 1 is beautifully presented, currently rented for $370 per week boasting separate access, adjacent communal courtyard and deck, welcoming natural light and breezes. Two queen sized bedrooms offer air conditioning and are serviced by the all-inclusive bathroom with shower over bath. The updated kitchen presents quality appliances, ample storage and bench space. Undercover car accommodation is included.
Unit 2 is currently rented for $340 per week and provides direct access to a large deck with a pleasant outlook. Presenting two spacious bedrooms with air conditioning and are serviced by the all-inclusive bathroom with shower over bath. An updated kitchen presents gas cooking and ample storage and bench space. Undercover car accommodation is included.
Unit 3 is currently rented for $280 per week. Presenting two spacious bedrooms serviced by the all-inclusive bathroom with shower over bath. An updated kitchen presents gas cooking and ample storage and bench space. A designated open car space is included
Unit 4 is currently vacant and is located at the rear of the complex. Presenting one generous bedroom serviced by the all-inclusive bathroom with shower over bath. An updated kitchen with gas cooking and ample storage and bench space. With split system air conditioning throughout, this unit is presented well, in great condition.
The astute investor will recognise great value in this property, maintained in good repair with quality tenants and a consistent yield.
Located just 3 kilometres from the CBD and a 6 minute drive to the Kelvin Grove Urban Village, QUT campus and Royal Brisbane & Women's Hospital. The busway located on Musgrave Road is a convenient transport option. Botanica and Le Coin Bistro are popular with the locals. Other local highlights include the iconic Red Hill Cinema and the Paddington café & restaurant precinct. Within the school catchments for Ithaca Creek State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).
Contact Mathew Abboud on 0423 629 346 or Max Hadgelias 0411 276 372 for more information and to arrange your viewing today!
* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only
Features include:
* Four flats on a 632m2 block
* Retro façade
* Communal laundry
Unit 1 is beautifully presented, currently rented for $370 per week boasting separate access, adjacent communal courtyard and deck, welcoming natural light and breezes. Two queen sized bedrooms offer air conditioning and are serviced by the all-inclusive bathroom with shower over bath. The updated kitchen presents quality appliances, ample storage and bench space. Undercover car accommodation is included.
Unit 2 is currently rented for $340 per week and provides direct access to a large deck with a pleasant outlook. Presenting two spacious bedrooms with air conditioning and are serviced by the all-inclusive bathroom with shower over bath. An updated kitchen presents gas cooking and ample storage and bench space. Undercover car accommodation is included.
Unit 3 is currently rented for $280 per week. Presenting two spacious bedrooms serviced by the all-inclusive bathroom with shower over bath. An updated kitchen presents gas cooking and ample storage and bench space. A designated open car space is included
Unit 4 is currently vacant and is located at the rear of the complex. Presenting one generous bedroom serviced by the all-inclusive bathroom with shower over bath. An updated kitchen with gas cooking and ample storage and bench space. With split system air conditioning throughout, this unit is presented well, in great condition.
The astute investor will recognise great value in this property, maintained in good repair with quality tenants and a consistent yield.
Located just 3 kilometres from the CBD and a 6 minute drive to the Kelvin Grove Urban Village, QUT campus and Royal Brisbane & Women's Hospital. The busway located on Musgrave Road is a convenient transport option. Botanica and Le Coin Bistro are popular with the locals. Other local highlights include the iconic Red Hill Cinema and the Paddington café & restaurant precinct. Within the school catchments for Ithaca Creek State School & Kelvin Grove State College. Popular choices for private schools include Brisbane Grammar, Girl's Grammar and St Joseph's College (Terrace).
Contact Mathew Abboud on 0423 629 346 or Max Hadgelias 0411 276 372 for more information and to arrange your viewing today!
* Land dimensions are sourced from Pricefinder & B.C.C and should be used as a guide only
Explore the area
School catchments
- Ithaca Creek State School Primary Prep-6 Government 0.72km
- St Finbarr's School Primary Prep-6 Catholic 0.90km
- Petrie Terrace State School Primary Prep-6 Government 1.3km
- Kelvin Grove State College Combined Prep-12 Government 1.4km
- Mt St Michael's College Combined 5-12 Catholic 1.4km
- Compass Independent School Combined Prep-7 Independent 1.5km
- Queensland Academy for Creative Industries Secondary 10-12 Government 1.6km
- St Ambrose's Primary School Primary Prep-6 Catholic 1.6km
- Milton State School Primary Prep-6 Government 1.6km
- St Joseph's School Primary Prep-6 Catholic 2.0km
- Brisbane Grammar School Combined 5-12 Independent 2.0km
- Rainworth State School Primary Prep-6 Government 2.1km
- Hubbard's School Secondary Independent 2.2km
- Hubbard's School Secondary 11-12 Independent 2.2km
- Brisbane Girls Grammar School Secondary 7-12 Independent 2.2km
- Brisbane Girls Grammar School - Primary Campus Primary Independent 2.2km
- Oakleigh State School Primary Prep-6 Government 2.2km
- Ashgrove State School Primary Prep-6 Government 2.3km
- Newmarket State School Primary Prep-6 Government 2.4km
- IES College Secondary 12 Independent 2.5km
- Marist College Ashgrove Combined 5-12 Catholic 2.5km
- St Joseph's College Combined 5-12 Catholic 2.7km
- The Industry School - Brisbane Secondary 10-12 Independent 2.7km
- Arethusa College - West End Campus Secondary Independent 2.9km
- St Joseph's College - Waterford Place Campus Combined Catholic 3.0km
- Stuartholme School Combined 5-12 Catholic 3.1km
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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Contact Mathew Abboud
Contact Mathew Abboud
Mathew Abboud
11 Fred Street, Red Hill QLD 4059
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Mathew Abboud
11 Fred Street, Red Hill QLD 4059