PROPERTY DESCRIPTION

This property is currently not available.

An amazing opportunity exists for a savvy investor to secure this large 3-unit complex, all on the one title. Perfectly located in the heart of New Farm, one of Brisbane’s most in-demand suburbs, this residential block is a great chance to lock-in a long-term investment portfolio.

The entity comprises of three units with the upstairs unit covering the entire top floor. It includes 3-bedrooms and a bathroom, kitchen, dining and a large living area plus amazing balcony views. Downstairs are the remaining two flats, each with two bedrooms and a bathroom along with kitchen, living / dining area and front balcony.

Two units are currently rented and in good condition, however the opportunity exists to modernise the entire residence to drive an even greater rental return. Due to the nature of the suburb with many professionals, students and families, plus the convenient location, rental demand is always high ensuring strong and consistent returns.

New Farm Park has a blend of local history and beauty, leafy green streets, big parks and an amazing array of local bars and restaurants. New Farm Park is the soul of the suburb and is only a short stroll away for picnics or a walk along the river. The trendy Merthyr Village Shopping Centre is just a couple of blocks away for all your shopping needs.

Set on a generous 486m2 the land is classified as Low Medium Residential Zoning providing future growth opportunities. Blocks like this do not come up often. This is a rare chance to secure a solid investment in an area of high demand. Do not miss!

**ALL INSPECTIONS VIA APPOINTMENT **