108 Bromley Street

Kangaroo Point QLD 4169

Returning approx. $70,000.00 per annum, this will suit investors looking for a strong income stream with the opportunity to land bank, providing cash flow and capital growth.

The zoning is CR 2 Character with the potential for future site development, subdivision of the block or renovate the existing property and adding further value. All options are subject to council approval.

This block has been well maintained and is in excellent condition, easily rented with high occupancy with an opportunity to increase the income given the strong current rental market with low vacancies.

The property is ideally positioned in the highly desirable Kangaroo Point precinct with close proximity to the Brisbane CBD, new Cross River Rail Woolloongabba Train station and Gabba Sporting precinct redevelopment.

For further information regarding the Brisbane Inner City property market please go to raywhiteiba.com.au/news.

Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.

Disclaimer: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.