Property Details

10 Colton Street HIGHGATE HILL, QLD 4101

$3,000,000
Description

WHOLE BLOCK OF UNITS IN PRIME POSITION

Block Of Units - HIGHGATE HILL QLD

First time offered! Come and inspect this very rare opportunity to buy an un-strata titled whole block of solid brick flats in an elevated street, high on the hill in a leafy Highgate Hill position.

The property provides a stable proven cash flow with long term tenants, has great layout and dimensions, plenty of natural light and cross ventilation, and is the perfect blank canvas for a savvy investor to renovate and add value.

Features include:
– 9 x 2 bedroom 1 bathroom 1 car flats
– Neat and tidy inside with scope for renovation
– Long open plan living areas
– Separate kitchen with plenty of cupboard space
– Main bedroom with built-ins
– North-facing with balconies and city aspect
– Large bathrooms with internal laundry
– Separate toilets
– Currently rented at $126,620pa with scope to increase to $175,000pa with renovation
– Landscaped low maintenance block

The apartment complex is in an attractive position just down from Dornoch Tce. There are luxury apartments being built nearby commanding impressive prices. It is a short walk to bus, Citycat, parkland and popular local restaurants and shops. Its also within the Brisbane State High School catchment.

Buy, maximise, hold! Strata-title and sell off! Investigate development options!

Properties like this dont come up often, be quick.

Property Features
  • Block Of Units
  • 18 bed
  • 9 bath
  • 9 Parking Spaces
  • Land is 809 m²
  • 9 Carport
Ben Jackson
Sales Consultant
0411 015 242