Positioned in the highly sought after Clifton Hill pocket of Moorooka, this is a rare opportunity to secure a block of 3, immaculately presented, strata titled townhouses, all fully tenanted.
Features: Constructed in 2005 3 x 3 bedroom 2 bathroom 1 car townhouses 2 x visitor car parks 607m2 block Currently rented at $1150 per week ($59,800 PA) Quality tenants and long term leases in place Potential returns up to $1200 per week Near new carpet and paint throughout
With low outgoings, high rental yields, only 16 years old and immaculate condition, an investment opportunity like this is highly sought and rarely found.
The property puts the occupants within a short walk to shops, schools, transport, parks and recreational facilities.
*Internal photos are of unit 2, all three units have similar fit out, kitchen, bathrooms, carpet and colour schemes, slightly different floor plans.
Features include: Built in wardrobes,Secure Parking
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.