59 Davenport Street, Chermside QLD 4032

Sold 21st September 2023


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2023 sold $2,250,000

Sold September 21, 2023 by Mario Rossi - Image Property

Mario Rossi, Sales Agent for Image Property
Mario Rossi

Sales Agent

2023 Listed for Sale

Listed on August 22, 2023

BlockOfUnits SELLING on Davenport Street

Exclusive Investment Opportunity: 4-Unit Complex

  • 8property_bedrooms
  • 8property_bathrooms
  • 4property_parking
  • 607m2property_land_area
  • BlockOfUnits

Unlock Your Potential in Property Investment!

Introducing a rare and lucrative investment opportunity that demands your attention. Nestled in the heart of Chermside, QLD, 4032, this exceptional 4-unit complex at 59 Davenport Street awaits your discerning investment strategy. Built with precision and care by the owner themselves in 2013, this complex is now being offered to the market for the very first time.

Key Highlights:

Four Units, One Unbeatable Deal: This remarkable complex offers 4, 2 bedroom, 2 bathroom units held in one line, presenting you with a diverse portfolio that promises multiple revenue streams.

Prime Investment Location: Chermside’s strategic location ensures a steady influx of renters, making it an ideal destination for long-term tenants. Situated near essential amenities, transport hubs, and recreational facilities, this property is a magnet for potential occupants.

Owner-Crafted Quality: Meticulously constructed by the owner, every detail reflects a commitment to quality and longevity. Your investment is safeguarded by superior craftsmanship and attention to detail that resonates in every corner of these units.

Booming Suburb Growth: Chermside has evolved into a thriving hub, attracting a diverse demographic of residents who are seeking convenience and modern living. This surge in popularity translates to increased demand for rental properties, ensuring a reliable and consistent rental income.

Secure Investment: Your investment future matters to us. With an existing track record of success in the rental market, these units offer stability and the potential for capital appreciation. Begin your journey as an astute property investor with confidence

Unit Features:

Spacious open plan layouts designed for modern living.
Premium fixtures and finishes that stand the test of time.
Private outdoor spaces for each unit, adding to tenant appeal.
Secure parking facilities for added convenience and safety.

Investment Details:

Unit 1 current rent $420 p/w potential rent $520 to $550 p/w
Unit 2 current rent $520 p/w potential rent $520 to $550 p/w
Unit 3 current rent $510 p/w potential rent $520 to $550 p/w
Unit 4 current rent $450 p/w potential rent $520 to $550 p/w

Current annual rental income $98,800
Potential annual rental income $114,400
Council Rates – $1,303.10 p/qtr
Water Rates – $1,015.96 p/qtr

Invest with Confidence:

When opportunity knocks, it’s time to act. This four-unit complex at 59 Davenport Street, Chermside, QLD, 4032, is your gateway to a prosperous investment future. With a proven history of strong rental demand, a central location, and the unique touch of being owner-constructed, this property is your canvas for wealth creation.

To secure this exclusive investment opportunity or to learn more, contact Mario Rossi on 0428 166 370. Don’t miss out on your chance to own a piece of Chermside’s flourishing real estate market. Act now and let this investment pave the way to financial success.

Contact the agent for a full Information Memorandum.

Property Features
  • Block Of Units
  • 8 bed
  • 8 bath
  • 4 Parking Spaces
  • Land is 607 m²
  • 4 Garage
  • Remote Garage
  • Secure Parking
  • Dishwasher
  • Built In Robes
  • Broadband
  • Intercom
  • Balcony
  • Courtyard
  • Outdoor Entertaining
  • Reverse Cycle Aircon