814m2 with City Views (2 Lots) - Block of Flats with Excellent Returns
The time has come to take the positive step and secure your financial future. Whether you are purchasing an income producing investment or looking for a development opportunity for now or in the coming years, this property is an absolute must see opportunity.
This complex is a real estate opportunity that rarely presents itself in this blue-chip suburb. This complex consisting of 4 X 2 bedroom flats, the development represents a first class residential investment opportunity.
The complex is perched on a prime double block of land in Kedron with sweeping City and suburban views. Take advantage of a 814m2 block of land with a 26m frontage and let your imagination run wild with the potential here. The DA has already been approved to subdivide the site and construct two new homes. The luxury here is not having to rush the development whilst having an excellent cashflow in the meantime. The right mix of good capital growth and strong rental return of over $56,000 gross return per annum!
Either way you are guaranteed to reap the rewards from this fantastic opportunity well into the future.
The location couldn’t be better; Kedron is one of the highest growth suburbs in Brisbane and it continues to evolve. The surrounding local area has an abundance of quality homes, close to first class private and public schools including Padua College, Mount Alvernia College and Wavell State high School. Situated only 8 kilometres to the CBD, in the thriving northern corridor, close to major arterial roads, Brisbane Airport, Chermside Shopping Centre, the new Kedron Coles & the boutique shopping & dining district of Nundah Village, you are extraordinarily well serviced by local amenities.
This is your opportunity to acquire one of the best investment opportunities available on the market.
- 8 bed
- 4 bath
- 4 Parking Spaces
- Air Conditioning
- Land is 814 sqm
- 4 Garage
- Built In Robes