This property is a house on a lot in 4/RP199033 Newmarket QLD. Properties with similar attributes have sold for approximately $995,000. Constructed in 1980, it has 2 bedrooms, 1 bathroom.
Whole Block of Full Brick Spacious Apartments Blue Ribbon Location! Here is a wonderful opportunity to purchase a whole block of units set on 809 square metres of prime development land in one of Brisbane's top ten suburbs, only 4 kilometres to the City! This low-maintenance, cavity brick block consists of 5 extra large apartments, two ground floor and three above with balconies. All the apartments have internal access to their own lock up garage. The three upstairs apartments have been fully renovated, including modern kitchens and bathrooms, air conditioning and fresh paint and floor coverings throughout. The two ground floor apartments are in original but good condition.809 square metres of land zoned LMR5 x 2 bedroom extra spacious apartmentsAll bedrooms are built inSome apartments with study nooksInternal access from the lockup garagesAir conditioning & screensFabulous, high demand location close to transport & shopsSchools, Royal Brisbane Hospital & Universities easily accessibleCurrently with a gross return of $89,700Possibility to Strata TitleWhether you leave as is, continue to rent out and hold this exceptional property into the future, or strata title and sell the apartments individually, this is a rare investment proposition not to be missed!Additional feature/s - Close to Schools.