Block of Units for sale

2 Upton Street,

Nundah, QLD

7 5 5
Offers Over $1,400,000

Owners Instructions - Must Sell!

A truly Unrivalled Investment Opportunity!
Investment or development opportunity, complex of 5 flats. Situated on 809 m2 of land, low vacancy rates and a location that is so tightly held, this is the Perfect New year opportunity to add this to your portfolio

The complex;
* 3 x 1 bedroom, 1-bathroom flats
* 2 x 2-bedroom, 1 bathroom flat
* Large shared Laundry room downstairs
* 5 spacious garages with ample room for a car and bike
* Quiet location
* Currently fully tenanted
* Returning $71,760.00 gross
* 809m2 land
# Zoned Lmr2 Low-medium density (2 or 3 storey Mix)
Low maintenance

A location second to none;
* Walk to Nundah Village & train station
* Prime position located 10 km to CBD
* Short drive to Toombul and Chermside shopping complexes
* Quick trip to Royal Brisbane Hospital

Your choice of options;
* Land bank
* Capitalise on the rental returns
* Develop the generous corner lot of land with 2 street access

The astute investor, self-managed super fund or developer will realise the potential. It has been well maintained by the current owners and upgraded and all have air-conditioning.
Last updated: 04:29PM on Oct 10th 2019
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