BlockOfUnits SELLING on Sixth Avenue
Rare opportunity, owners committed to sell!
Auction Location: Virtual Auction.
Virtual Auction Streaming – https://apolloauctions.com.au/auction-live
The opportunity to secure a 1012m2 block in the heart of Sandgate, just a stones throw to the water, is very rare! Even more difficult to find one that brings in a massive $76,000 plus per annum when fully occupied! The flats have provided a hassle free holding income for the owners over the years and, given its proximity to the water, Local schools, transport and Sandgate’s finest local cuisine, it’s easy to see why. This property hits the market for the first time in over 48 years and the owners must sell!
• 1012 m2 Block
• 5 Fully sustainable flats (3 x 2 Bedroom, 2 x 1 bedroom)
• 5 bathrooms
• Strong rental income of $76,000 plus when fully occupied
• Walk to the water
• Ample storage underneath
• Separately metered
• Low maintenance and minimal expenses
These Sandgate flats have been a valuable Investment for the current owners but after 48 years, it’s time to sell. The owners are encouraging all offers and make no mistake this property will sell on or before Auction day. Don’t miss out on your chance to secure this prime piece of Sandgate real estate.
- Block Of Units
- 8 bed
- 5 bath
- 5 Parking Spaces
- Land is 1,012 m²
- 5 Garage