1 4/714 Ipswich Road, Annerley, QLD, 4103, Australia

The solid brick and concrete construction of this building, makes this a block of 4 units to be reckoned with.

What the calculator tells you is only half of the story. Your eyes tell you the other half of the story when you survey the solid and substantial nature of the building.

The thick concrete slabs and double brick shells create units that feel private and independent for tenants, supporting the prospect of desirable, longer term tenancies.
All 4 units are in excellent condition with recent renovations maintaining a consistent high standard for all.

The established tenancies comfortably return over $60,000 pa. However, a lift in current market rents suggest a return nearer $70,000 would be a more up-to-date measure.

The 653m2 block is large enough to provide vacant land behind the existing block, leaving a number of options for development.

The positioning of the property is significant, being opposite parkland and with neighbouring properties being developed for their commercial value.

THE LOCAL INSIGHT:

The units are just a 2 minute walk from the popular Chardons Corner Cafe and Restaurant precinct and handy food store.

If you want to know more about this property contact us on 07 3848 0202.