Sold
House

38 Chermside Street Grange, QLD 4051

Sold for $645,000 on 15 Sep 2016
  • 1 Bed
  • 1 Bath
  • 1 Car
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House in Grange

UNDER CONTRACT! Rare Investment Opportunity - Price! Position! Income!

  • 1 Bed
  • 1 Bath
  • 1 Car

Immediate strong cash flow is what you will have when you purchase this fantastic property sitting in the heart of Grange, only 5km to the CBD.

Features include:

  • Three income streams; coffee shop lease, residential one bedroom flat and large 6x9m (approx) storage shed
  • It is sitting on 405m2, with all the required Brisbane City Council consents in place
  • Currently there is a combined rental return of approximately $38,000 gross, with further opportunity to increase with leasing the remainder of the storage shed
  • This is a single title property i.e. no body corporate fees
  • Full details, including leasing information and outgoings available on request

This is the perfect property investment allowing for immediate income, and possibilities for future development. Self managed super funds should not miss this opportunity! Buy now and settle before the end of financial year!

Parking:

1 off street park

Bedrooms:

1

Bathrooms:

1

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Suburb

Grange

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