Sold
48 Broadway Street,
Woolloongabba 4102, Queensland
$1,200,000
Property details
-
Agents
Ray White Bulimba
6/57-59 Oxford Street, Bulimba Queensland 4171
Block of 5 Flats in the Heart of the Woolloongabba Precinct - MUST BE SOLD
This block of 5 self-contained flats presents a sound investment in the heart of the Woolloongabba precinct.
Situated on 615sqm close to South City Square, The Gabba and Cross River Rail, investors are presented with a great opportunity to capitalise on this high-growth, inner-city position.
The property generates current returns of approx. $55,000 per annum, and features lots of room to improve, add value and increase rental yields.
Features include:
- 1x2-bed and 4x1-bed flats
- All include private kitchens and bathrooms
- Large under-house storage area and communal laundry
- Spacious shared yard at the rear
- Rewired and individually metred
- 10,000L water tank plumbed to the laundry
- Solar panel system
Located in a thriving inner-city precinct, this property offers excellent access to amenities and the CBD 3.5km away. Only 350m from the newly opened South City Square, featuring spectacular cafes, restaurants, artisan shops, Woolworths, Priceline, BWS, and a range of upcoming additions.
Boasting outstanding access to hospitals, universities, schools, bus stops and just 1.2km from the Cross River Rail. Positioned 850m from The Gabba (home of the 2032 Olympic Games), this is a prime inner-city destination and superb investment.
Contact marketing agent Hayley Jane on 0400 958 567 for additional information or to arrange an inspection.
Explore the area
School catchments
- East Brisbane State School Primary Prep-6 Government 0.53km
- Australian International Islamic College - Buranda Campus Combined Independent 0.57km
- Buranda State School Primary Prep-6 Government 0.81km
- St Joseph's Primary School Primary Prep-6 Catholic 1.1km
- Dutton Park State School Primary Prep-6 Government 1.1km
- Brisbane South State Secondary College Secondary 7-11 Government 1.3km
- St Laurence's College Combined 5-12 Catholic 1.4km
- Villanova College Combined 5-12 Catholic 1.5km
- Somerville House Combined Prep-12 Independent 1.5km
- St Ita's Regional Primary School Primary Prep-6 Catholic 1.6km
- Anglican Church Grammar School Combined Prep-12 Independent 1.6km
- Coorparoo Secondary College Secondary 7-12 Government 1.6km
- Brisbane School of Distance Education Combined Prep-12 Government 1.6km
- Coorparoo Centre for Continuing Secondary Education Secondary Government 1.6km
- St James Primary School Primary Prep-6 Catholic 1.7km
- Greenslopes State School Primary Prep-6 Government 2.0km
- Junction Park State School Primary Prep-6 Government 2.1km
- Queensland Pathways State College - Coorparoo Campus Secondary Government 2.1km
- Coorparoo State School Primary Prep-6 Government 2.2km
- Queensland Pathways State College Secondary 10-12 Government 2.3km
- Brisbane State High School Secondary 7-12 Government 2.3km
- Our Lady's College Secondary 7-12 Catholic 2.8km
- Lourdes Hill College Combined 5-12 Catholic 3.1km
- Indie School, Logan - Brisbane City Campus Secondary Independent 3.2km
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.