Sold

14 James Street,
Scarborough 4020, Queensland

4 bedrooms
4 bathrooms
3 car spaces
405m² land size
Block of Units

$1,170,000


Property details

WHOLE UNIT BLOCK - SUPREME LOCATION - INVESTMENT BONANZA

SITUATED IN ONE OF SCARBOROUGHS PREMIER TREE LINED STREETS WE OFFER THIS FOUR UNIT COMPLEX WITHIN A STONES THROW OF THE SCARBOROUGH FORESHORE. THE LOCATION WILL EXCITE THE ASTUTE INVESTOR WANTING TO CAPITALISE ON VALUE GROWTH AND RENTAL INCREASE. CURRENTLY RETURNING $63,700.00 PA THE CURRENT RENTAL APPRAISAL SUGGESTS A RETURN OF OVER $80,000.00 PA IS WARRANTED. The property comprises 4 x 1 bedroom plus living room or second bedroom, self contained, the units are mostly modernised with a new roof and down piping installed recently. Fully let under lease with responsible good paying tenants the property is ideal as a superannuation and wealth creating vehicle. Enquires to Andrew Sim on 0426 582 818 and an Information Memorandum available on request.

Explore the area


School catchments

  • Scarborough State School Primary Prep-6 Government 0.66km
  • Southern Cross Catholic College Combined Prep-12 Catholic 0.97km
  • Kippa-Ring State School Primary Prep-6 Government 3.5km
  • Hercules Road State School Primary Prep-6 Government 3.8km
  • Humpybong State School Primary Prep-6 Government 4.0km

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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