An outstanding investment or opportunity for revitalisation, renovate and reap the rewards. This character block of units resides on 1,034sqm on 2 lots in a convenient pocket of Chelmer.
A high-income earner steps from Chelmer train station and close to amenities, the property comprises 4 units, including 2x studio units and 2x 1-bedroom units.
In good condition, each unit features original character details, air-conditioning, a kitchen, a living area and a bathroom. 5 undercover parking spaces feature in the property, and all tenants have access to the spacious backyard, large undercroft storage area and shared laundry.
Offering an excellent opportunity to add value, there is scope to renovate the individual residences or redesign and transform the property back into a single-family dwelling on an extraordinary land parcel.
Property highlights:
- Character block of units on 1,034sqm on 2 lots
- 4 units (2x studio units and 2x 1-bed units)
- Each unit features a kitchen, bathroom and air-conditioning
- Undercover parking for 5 cars and a spacious backyard
- Large undercroft storage area and laundry
- High ceilings, VJ walls and character windows
- Convenient location opposite Chelmer train station
- 1.3km to Indooroopilly Shopping Centre
In a location offering exceptional convenience, this unit block is positioned opposite Chelmer train station and bus stops, providing direct access to transport for easy commutes. Indooroopilly Shopping Centre features popular dining, shopping, department stores, supermarkets and cinemas only 1.3km away, and beautiful parks, sporting clubs, riverfront walks, and cycling paths are within easy walking distance.
Accommodating university staff and students, the UQ campus is 6 minutes away. The property is also close to top private schools and within the Graceville State School and Indooroopilly State High School catchments.
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