Auction 23/05/24
29 Park Road West, Dutton Park QLD 4102
House
148
Block size: 746 m² approx.
8 APARTMENTS RETURNING OVER $170,000 PER YEAR ON ELEVATED 746SQM ALLOTMENT
In-Room Auction
Location: 5/156 Boundary St, West End
Thursday 23rd May 2024 @ 11am
Welcome to apartment block 29 Park Road, West, Dutton Park! This exceptional block of flats presents a rare opportunity for investors or those seeking a multi-generational living arrangement. With a total of 14 bedrooms and 8 bathrooms this property offers an abundance of space and versatility.
Situated on a generous land area of 746 sqm, this block of flats boasts a prime location in the sought-after suburb of Dutton Park. The property is conveniently located near a range of amenities including schools, parks, shops, and public transport options, ensuring a convenient and comfortable lifestyle for its occupants.
Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents as well as capturing city views from almost everywhere on the block.
Current Leases on the 8 units are grossing $170,040 per year. Strong rental demand for the units has seen them all fully occupied since 2017
Unit 1 - 4 Bed 1 Bath
Unit 2 - 2 Bed 1 Bath
Unit 3 - 2 Bed 1 Bath
Unit 4 - 1 Bed 1 Bath
Unit 5 - 2 Bed 1 Bath
Unit 6 - 1 Bed 1 Bath
Unit 7 - 1 Bed 1 Bath
Unit 8 - 1 Bed 1 Bath
The property's standout feature is its potential for multiple income streams, making it an ideal investment opportunity. Whether you choose to keep the flats rented out individually or utilize the entire block for future development, the possibilities are endless.
Don't miss out on the chance to own this impressive block of units in the highly sought-after Dutton Park location.
For more information or to arrange an inspection contact Michael Nolan or Adam Edwards for more information!
Location: 5/156 Boundary St, West End
Thursday 23rd May 2024 @ 11am
Welcome to apartment block 29 Park Road, West, Dutton Park! This exceptional block of flats presents a rare opportunity for investors or those seeking a multi-generational living arrangement. With a total of 14 bedrooms and 8 bathrooms this property offers an abundance of space and versatility.
Situated on a generous land area of 746 sqm, this block of flats boasts a prime location in the sought-after suburb of Dutton Park. The property is conveniently located near a range of amenities including schools, parks, shops, and public transport options, ensuring a convenient and comfortable lifestyle for its occupants.
Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents as well as capturing city views from almost everywhere on the block.
Current Leases on the 8 units are grossing $170,040 per year. Strong rental demand for the units has seen them all fully occupied since 2017
Unit 1 - 4 Bed 1 Bath
Unit 2 - 2 Bed 1 Bath
Unit 3 - 2 Bed 1 Bath
Unit 4 - 1 Bed 1 Bath
Unit 5 - 2 Bed 1 Bath
Unit 6 - 1 Bed 1 Bath
Unit 7 - 1 Bed 1 Bath
Unit 8 - 1 Bed 1 Bath
The property's standout feature is its potential for multiple income streams, making it an ideal investment opportunity. Whether you choose to keep the flats rented out individually or utilize the entire block for future development, the possibilities are endless.
Don't miss out on the chance to own this impressive block of units in the highly sought-after Dutton Park location.
For more information or to arrange an inspection contact Michael Nolan or Adam Edwards for more information!
Inspections
No open inspections scheduled.
Send an enquiry
Contact Michael Nolan to learn more about this property, request an inspection or take an online tour.
Auction
Thursday 23 May, 11:00am
Ray White West End
Key details
Bedrooms:
14
Bathrooms:
8
Property type:
House
Block Size:
746 m²*
Other Details
Lot:
120
Plan Type:
RP
Plan:
87867
Legal description:
120/RP87867
Maps and area information
Block information
Block size: 746m² (approx)
Legal description: 120/RP87867
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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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.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
23 Jan 2018
Sold
QPSR Realty
Listed: 06/06/2017
Block size: 746m²
Transfer type: Full transfer
Dutton Park suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
2,134
Listing ID: 182482660. This listing has been viewed 6 times. It was first displayed on 30/04/2024 and last updated on 20/05/2024.
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.