$1,550,000

12 Stafford Street, GORDON PARK QLD 4031

12 Bed

6 Bath

11 Car

821 m²

0 sq ft

$1,550,000

12 Stafford Street, GORDON PARK QLD 4031

12 Bed

6 Bath

11 Car

821 m²

0 sq ft

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" BEST INVESTMENT"

This block of (6) x 2 bedroom, 1 bathroom Strata Titled apartments offers the astute investor a magnificent opportunity for long term capital gains with exceptional weekly income.

Also Featuring:
- Land size 821 sqm
- All apartments are spacious with modern kitchens & bathrooms plus solid brick internal walls
- An inground pool with landscapped gardens & fully fenced for safety
- All apartments have a dishwasher, washing machine with dryer included
- Security intercom entry to all apartments
- (5) x 2 car tandem accom& (1) x 1 car accom
- 5 Visitors car parks
- Currently tenanted paying $1,490 per week
- Rental apprasial as is ( $290 pw each ) $1,740 per week
- Gross rental income $$77,480
- Potential gross rental income $90,480
- 5% gross yield

A clear opportunity exists to increase the weekly yield with some minor cosmetic improvements.

$1.55 Million
Inspection By Apointment Only
Damon Lewis 0407 112 442

Location

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