Block of Units for sale
61 Mcilwraith Avenue,
Norman Park, QLD
9 6 3
Buyers above $1,400,000
Investment Opportunity Knocks with $1,525 per week income!Seeking Offers for this highly sought after 792m2 allotment in Norman Park.
This residence is brimming with economical potential. Capturing great city views and comprising of five units, currently returning $1,525 per week.
Are you looking for an immediate investment return that holds further economic potential? This fantastic revenue opportunity awaits an astute purchaser.
Another potential investment opportunity is to strata title the complex into five separate properties, increasing the value of owning this residence exponentially.
As well as immediate investment return, there is also the potential for a further one bedroom unit to be converted out of the existing garage space. In a proven, marketable location this is a fantastic revenue opportunty.
Well positioned in the coveted Norman Park locale, the long term value of this property lies in it’s desirability. If you’re looking for a sound investment to hold in your super fund, this is the opportunity you’ve been waiting for.
With a near proximity to the CBD, elite schools and café precincts, rental demand is constant. Contact the agent for more details regarding what could be your next great opportunity in real estate.
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.
Last updated: 02:19PM on Mar 14th 2019