House for sale

House in Dutton Park, QLD

8 5 0
$1.3 Million

Position with Potential - View by Appointment.

Beautifully positioned for easy access to University of Qld is this Block of Flats Ideal to develop into a fabulous Student Accommodation Dwelling. Currently as 1 x 4 Bed. + 4 x1 flats this investment opportunity has room to Expand, Redevelop or Create more Rooms to house more Students for a higher rate of return, with out taking away from being flats.

In Brief;
*Currently 5 flats on 810m2 of land!
*Zoned LMR 3 & has 2 existing Lots!
*Gross income of $61,000 plus p/a!
*Potential Income of $100k plus p/a!
*So close to Buses, Hospitals & Parks!

This property is ideally located for Students to access UQ, Parks, Buses and Bike ways. With a reasonable capital investment into the current building, not only are you value adding the income will grow to new heights. Let me show you how!

All inspections, only by appointment.

For further information, please call or email.
Last updated: 03:07AM on Jan 17th 2019
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