Auction Location: ONSITE
In a prime location, these 8 well maintained brick apartments on a large block have been owned by the same family for the past 37 years. Secure tenancies in place, holding enormous future potential to capitalise in such a premium location. Ideally located in the heart of Windsor only 4.5km to CBD, 850m to Albion train station, buses and easy access to airport via tunnels.
The property offers a great income generating prospect with returns of approx. $190,000 pa with the potential to increase rents through some basic updating. It also enjoys a prime location that's within close proximity to Lutwyche shopping centre (Home co.) with Coles, Aldi, Woolworths and cafe's.
? Entire boutique block of eight apartments to be sold in one line
? Strata Titled on 8 separate titles
? Six* 2-bedroom apartments and two * 1-bedroom apartments over three levels
? 8 garages very large lockup garages with plenty of room for storage
? Large level block zoned low-medium density residential
? Currently rented for just over $190,000 per annum
? Superb location a short stroll to everything
? Easy access to the airport and only 4.5km to CBD and so close to everything......
Close to the Royal Brisbane Hospital, easy access to the airport and 850m to train this property will tick all the boxes. Perfect for a self managed super fund, astute investors will realise the potential of this land rich property and future landbank opportunity. You will not be disappointed !! Don't miss out on this amazing opportunity with the owners instructions clear..........SELL at auction !!!