OFFERS OVER $1,699,000
1-4/223 Beaudesert Road, Moorooka QLD 4105
House
8440.0
Block size: 658 m² approx.
CAVITY BRICK UNIT BLOCK, CONVENIENTLY LOCATED
This block of units at 223 Beaudesert Road, Moorooka offers an opportunity highly sought after, but rarely found. This is your chance to acquire a constant cash flow spread over 4 investments with an attractive rental return in one of Brisbaneâs capital growth hotspots.
The cavity brick property sits on a 658m2 allotment zoned LMR2 low-medium density (2-3 story mix). Consisting of 4 x 2-bedroom units in total, this 1980âs-built complex has been updated over the years with kitchens and bathrooms, while there is still some capacity to further enhance your yield for the future.
With long term tenancies in place and a low vacancy rate, all units are currently rented at $430 per week until September 2024, an annual rental figure of approximately $89,688 in total. In September you can reassess your investment and increase your return.
Offering a range of options for one discerning buyer - Invest under a self-managed superfund; rent back to the kids attending University; or a great investment under one roof; whatever your needs, opportunities like these donât come along that often.
Centrally located, 223 Beaudesert Rd is walking distance to the vibrant Moorooka Shopping Centre (including Woolworths); moments to Moorooka Primary School, St Brendan's Catholic School, and the express bus to the Brisbane CBD; with easy access to hospitals, universities, train, sporting grounds, beautiful parks, South-East Freeway & QLD Tennis Centre; and only 9km to the Brisbane CBD.
Features of 223 Beaudesert Rd:
- 658m2 allotment zoned LMR2 low-medium density (2-3 story mix)
- Each unit currently rented at $430 per week until September 2024
- Unit block - 4 x 2-bedroom, 1 bathroom, 1 car garage
- 1 ground floor unit, 3 units up one flight of stairs (accessible via ramp from street)
- Updated kitchens with gas cooktops & good storage
- Open plan, air-conditioned living & dining
- Bedrooms are of a good size, all with built-in wardrobes
- Oversized, single lock up garage per unit
- Laundries located in the garage
- 2 off-street visitor carparks
- Level grassed backyard with clotheslines & offering a great space to relax or kick a ball
- Walking distance to the vibrant Moorooka Shopping Centre (including Woolworths)
- Moments to Moorooka Primary School, St Brendan's Catholic School, and the express bus to the Brisbane CBD
- Easy access to hospitals, universities, train, sporting grounds, beautiful parks, South-East Freeway & QLD Tennis Centre
- Only 9km to the Brisbane CBD.
Potential plus, with an immediate cash flow, 223 Beaudesert Road is a must inspect. Contact Jane Elvin or Nick Bowen to arrange an inspection.
Features include: Courtyard,Split System AC,Builtin Robes,Secure Parking,Reverse Cycle AC
The cavity brick property sits on a 658m2 allotment zoned LMR2 low-medium density (2-3 story mix). Consisting of 4 x 2-bedroom units in total, this 1980âs-built complex has been updated over the years with kitchens and bathrooms, while there is still some capacity to further enhance your yield for the future.
With long term tenancies in place and a low vacancy rate, all units are currently rented at $430 per week until September 2024, an annual rental figure of approximately $89,688 in total. In September you can reassess your investment and increase your return.
Offering a range of options for one discerning buyer - Invest under a self-managed superfund; rent back to the kids attending University; or a great investment under one roof; whatever your needs, opportunities like these donât come along that often.
Centrally located, 223 Beaudesert Rd is walking distance to the vibrant Moorooka Shopping Centre (including Woolworths); moments to Moorooka Primary School, St Brendan's Catholic School, and the express bus to the Brisbane CBD; with easy access to hospitals, universities, train, sporting grounds, beautiful parks, South-East Freeway & QLD Tennis Centre; and only 9km to the Brisbane CBD.
Features of 223 Beaudesert Rd:
- 658m2 allotment zoned LMR2 low-medium density (2-3 story mix)
- Each unit currently rented at $430 per week until September 2024
- Unit block - 4 x 2-bedroom, 1 bathroom, 1 car garage
- 1 ground floor unit, 3 units up one flight of stairs (accessible via ramp from street)
- Updated kitchens with gas cooktops & good storage
- Open plan, air-conditioned living & dining
- Bedrooms are of a good size, all with built-in wardrobes
- Oversized, single lock up garage per unit
- Laundries located in the garage
- 2 off-street visitor carparks
- Level grassed backyard with clotheslines & offering a great space to relax or kick a ball
- Walking distance to the vibrant Moorooka Shopping Centre (including Woolworths)
- Moments to Moorooka Primary School, St Brendan's Catholic School, and the express bus to the Brisbane CBD
- Easy access to hospitals, universities, train, sporting grounds, beautiful parks, South-East Freeway & QLD Tennis Centre
- Only 9km to the Brisbane CBD.
Potential plus, with an immediate cash flow, 223 Beaudesert Road is a must inspect. Contact Jane Elvin or Nick Bowen to arrange an inspection.
Features include: Courtyard,Split System AC,Builtin Robes,Secure Parking,Reverse Cycle AC
Inspections
No open inspections scheduled.
Send an enquiry
Contact Jane Elvin to learn more about this property, request an inspection or take an online tour.
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Block information
Block size: 658m² (approx)
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SummaryMedian sales
Average Age
37 years
Population
10,783
Listing ID: 182064083. This listing has been viewed 23 times. It was first displayed on 06/11/2023 and last updated on 17/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.