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Block of Units

31 Fleming Road Herston, QLD 4006

Sold on 1 Jun 2016
  • 12 Beds
  • 6 Baths
  • 8 Cars
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Block of Units in Herston

UNDER CONTRACT! Whole Block of Full Brick Spacious Apartments in Blue Ribbon Inner City Location!

  • 12 Beds
  • 6 Baths
  • 8 Cars

Here is a wonderful opportunity to purchase a whole block of units set on 814 square metres of prime development land in one of Brisbane's most sought after suburbs, just over 2 kilometres to the City! This low-maintenance, cavity brick block consists of 6 extra large apartments, in the classic 'six pack' format, with separate lock up garages, internal stairwells and individual balconies.

  • 814 square metres of land zoned LMR
  • 6 x 2 bedroom large apartments
  • New Air Conditioners to Living areas
  • Open plan living areas flow to the balconies
  • All bedrooms are built in
  • Spacious kitchens
  • Large bathrooms with separate toilets
  • Separate laundries within garages which have new Remote doors
  • Fabulous, high demand location close to transport & shops
  • Schools, Royal Brisbane Hospital & Universities are within walking distance
  • Currently with a gross return of $92,040 & potential to value add
  • Each unit is individually strata titled, but the property is managed as a whole block.
  • First time offered to the market for 24 years

Whether you leave as is, continue to rent out and hold this exceptional property into the future, or renovate and sell the apartments individually, this is a rare investment proposition not to be missed!

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Secure Parking
Parking:

6 garage spaces and 2 off street parks

Bedrooms:

12

Bathrooms:

6

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Suburb

Herston

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