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Block of Units for Sale in Chermside
TWO UNIT BLOCKS - DEVELOPMENT SITE - HOLDING INCOME
- 8 Beds
- 4 Baths
AN EXCITING OPPORTUNITY TO ACQUIRE A LAND HOLDING OF 1677SQM (TWO TITLES 941sqm & 736sqm) WITH 2 X 2 BEDROOM DUPLEXES WITH A HOLDING INCOME OF $101,400.00 PA. HIGH RISE UNIT DEVELOPERS SHOULD TAKE NOTE AS ASTUTE INVESTORS WILL READILY UNDERSTAND THE LOCATIONAL QUALITY OF THE PROPERTY CONCERNING ACCESS TO THE CHERMSIDE WESTFIELD SHOPPING COMPLEX, MINUTE ACCESS TO THE BRISBANE CBD AND BRISBANE AIRPORT. Under lease the duplexes are securely let with rental growth assured. The tenancy schedule together with outgoings and development comment are available by Information Memorandum from Andrew Sim 0426 582 818
WE ANTICIPATE A FUTURE DEVELOPMENT OF 30+ UNITS ON THE SITE SUBJECT TO AUTHORITIES APPROVAL.
Inspections by private appointment.
1,677m² / 0.41 acres
8
4
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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