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Block of Units for Sale

17 Clegg Parade Newmarket, QLD 4051

Offers Over $1,700,000 InvitedFloorplan
  • 4 Beds
  • 4 Baths
  • 4 Cars

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17 Clegg Parade, Newmarket, QLD 4051

Block of Units for Sale in Newmarket

SUPERIOR UNIT BLOCK - POSITION PERFECT

  • 4 Beds
  • 4 Baths
  • 4 Cars

GENTLY ELEVATED AND IMMACULATELY PRESENTED WHOLE UNIT BLOCK POSITIONED IN A QUIET CUL-DA-SAC AND CITED TO CAPTURE COOLING BREEZES AND QUALITY TENANCY SUPPLY. IDEALY POSITIONED THE 4 X 1 BEDROOM COMPLEX IS IN EASY REACH OF THE NEWMARKET STATION (APPROX 350 METRES), VICTORIA PARK (OLYMPIC STADIUM), SUNCORP STADIUM AND BRISBANE CBD WHICH MAKES FOR AN EXCEPTIONALLY HIGH OCCUPANCY RATE. ASTUTE INVESTORS WILL APPRECIATE THE LOCATIONAL BENEFIT REGARDING CAPITAL GROWTH AND RETURN.Fully let with an annual return of $81,640.00 pa the units have great potential for the rental income to be increased to $100,880.00 pa ($485.00 per week) making for a potential Gross Return of over 5%. (Tenancy Appraisal available on request)
Highly polished flooring, newish kitchens and bathrooms the units are enhanced by under building individual parking with a laundry facility. THIS WHOLE UNIT BLOCK PROPERTY IS A QUALITY OFFERING AND WILL NOT LAST. INFORMATION MEMORANDUM AVAILABLE TO INTERESTED BUYERS. INSPECTIONS AVAILABLE BY PRIVATE APPOINTMENT WITH 48 HOURS NOTICE TO THE TENANTS.

Land:

716m² / 0.18 acres

Parking:

4 carport spaces

Bedrooms:

4

Bathrooms:

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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