Block of Units for sale
205 Zillmere Road,
12 6 6
BLOCK OF 6 TOWNHOUSES - $89,440 INCOME + 1,214m2 LMR Land!Move fast as exceptional investment opportunities like this don't last long.
Situated on 1,214m2 of land (already on 2 lots), this property is improved with 6 x 2 bedroom townhouses.
All 6 townhouses are FULLY LEASED and have a gross rental income of $89,440 per annum.
The land is zoned Low Medium Density Residential (2-3 storey) and provides a fantastic opportunity to land bank whilst reaping the benefits of the strong existing income.
The property benefits from an ultra-convenient location within walking distance of both Geebung and Zillmere Train Stations, City Express Bus Stops and Zillmere's retail precinct. Zillmere is just 13km north of Brisbane's CBD and is just 5 minutes drive from Westfield Chermside Shopping Centre (Queensland's largest shopping Centre) and provides easy access to the Brisbane Airport and Gateway Motorway. The location is also within easy reach of the Geebung/Virginia employment precinct and local parklands and sporting fields.
Each 2 level townhouse offers a fantastic floor plan comprising of the following:
- 2 good sized bedroomsl, both with walk in robes
- Spacious open plan lounge/dining area
- A generous kitchen with plenty of bench space and storage
- Timber deck overlooking a private courtyard
- Neat and tidy bathroom with shower over bath
- Additional powder room downstairs
- Internal Laundry
- Single carport
No Body Corporate fees applicable.
Potential to Strata Title the individual units and sell off individually (STCA).
A summary document of lease profiles, rental income and expenses can be provided on request.
Opportunities like this don't last long! Contact JOSHUA WATERS to arrange your inspection!
Last updated: 01:31PM on Mar 22nd 2019