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Block of Units for Sale

185 Junction Road Clayfield, QLD 4011

For SaleFloorplan
  • 8 Beds
  • 8 Baths
  • 8 Cars

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185 Junction Road, Clayfield, QLD 4011

Block of Units for Sale in Clayfield

SUPERBLY PRESENTED UNIT BLOCK - HIGH RETURN - FIRST CLASS INVESTMENT

  • 8 Beds
  • 8 Baths
  • 8 Cars

This multiple dwelling of 8 x 1 bedroom self contained units on a single title, returns an incredibly strong rental income of $180,180 PA.

The leases are structured for each tenant to pay a calendar month in advance on the 2nd of the month which minimises rental payment monitoring to 12 times a year on the same date of the month.

A Clayfield address will appeal to astute investors that a fully leased unit block underpins continued strong rental & capital growth.

This centrally positioned property delivers the advantage of proximity to the CBD, Brisbane Airport, Gateway & Airport Link motorways, Eagle Junction & Clayfield Stations, & Chermside & Lutwyche shopping centres, ensuring good tenancy supply due to this convenience.

Property features in detail are:

  • Bretts Locksmiths master keyed system for owner/agent with single key access to all doors and screen doors
  • exposed aggregate concrete driveway & turning area
  • numbered allocated parking on slab
  • split system air conditioning to each unit
  • stone bench tops to units 1, 2, 3, 5, 7 & 8
  • internal provision for laundry facilities to each unit
  • isolation valves to each unit for their water supply which allows ease of maintenance to each unit and any future installation of water meters to each unit

- QBCC licensed roofer installation of new 0.42 bmt zincalume roof to upper roof areas & new 0.6 bmt zincalume roof to lower roof areas.

The property has a pre 1911 building overlay and is LMR2 which is low to medium density zoning
This zoning allows for a multiple dwelling that is;

* less than 400 metres to the Clayfield Railway Station

* has a frontage to road reserve of 20 metres

* code assessable up to 3 storey's and 11.5m in height should development opportunities be considered.

* concept plans available on request.

Land:

810m² / 0.2 acres

Parking:

8 off street parks

Bedrooms:

8

Bathrooms:

8

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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