wavell heights

Here's an exceptional opportunity to get your hands on a purpose-built block of 4 separately titled cavity brick units in a great cul de sac location. Returning $72,280 gross per annum the block sits on a leafy 675sqm site approximately 9klms from the CBD and minutes from the Airport, it's centrally positioned between the developing Nundah Village Precinct and Westfield Chermside and with public transport within walking distance, it's no wonder there's rarely a vacancy.

Built in the 1970's, so it's solid as a rock, the block has been extremely well maintained and comprises 4 x 2 bedroom, 1 bathroom units (one on ground level) each with its own single lock up garage and balcony or courtyard space. The Individual units are generous in size with the larger of the 4 being units 1 and 2 benefiting from separate lounge and dining areas along with an additional storage room. Each unit also benefits from a number unseen extra's such as upgraded plumbing and wiring along with the visible extra's like air conditioning, ceiling fans and security screens throughout, whilst the layout of each unit generally comprises:

2 built-in bedrooms.

Spacious kitchen with gas cooking.

Good sized bathrooms.

Combined lounge dining areas (units 3 & 4)

Separate lounge dining areas (units 1 & 2)

Individual balcony spaces.

Oversized lock up garages incorporating laundry facilities.

Air conditioning to the living and bedroom 1 of each unit.

Very well maintained, fully tenanted and strata titled, and with a current gross return of $72,260 per annum this property would make a fantastic addition to any property portfolio or super fund. Tenancy and outgoings information are available upon request.