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Block of Units for Sale

21-25 Hows Road Nundah, QLD 4012

Expressions of InterestPlay Video
  • 18 Beds
  • 9 Baths
  • 9 Cars

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21-25 Hows Road, Nundah, QLD 4012

Block of Units for Sale in Nundah

UNSURPASSED DEVELOPMENT OPPORTUNITY - INVESTMENT BONANZA

  • 18 Beds
  • 9 Baths
  • 9 Cars

SCARCELY OFFERED AND SELDOM FOUND THESE PROPERTIES ARE INCREDIBLY DIFFICULT TO SOURCE AND OWN. WE OFFER TWO UNIT BLOCKS SITTING SIDE BY SIDE (SEPARATE TITLES) ON A LAND HOLDING OF 1695 SQUARE METRES. THE COMBINED RENTAL INCOME IS $174,200.00 PA WITH THE INCOME ON THE LOW SIDE THERE IS SCOPE FOR A MUCH HIGHER RETURN. HAVING GREAT DEVELOPMENTAL PROSPECTS AND HOLDING POTENTIAL WITH A COMBINED FRONTAGE OF 43 METRES THE PROPERTY COULD BE DEVELOPED NOW OR HELD FOR FUTURE DEVELOPMENT. Both unit blocks are on two titles (807sqm and 888sqm) comprising 4 x 2 bedroom and 5 x 2 bedroom (nine two bedroom units in all) with each being fully let.

Land:

1,695m² / 0.42 acres

Parking:

9 garage spaces

Bedrooms:

18

Bathrooms:

9

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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