1/15 Julia Street

Wavell Heights QLD 4012

Auction Saturday 22nd of November 12PM On-site!!An exclusive opportunity and significant landholding, this fully tenanted unit complex presents the ideal investment, landbank or redevelopment prospect. Offering immediate income and long-term growth potential, the property delivers versatility for investors and developers alike.Currently returning a gross income of $89,700 per annum, the complex comprises 5 units, each featuring 2 bedrooms, 1 bathroom and 1 car space. With all residences tenanted, the property ensures reliable rental returns from day one. Occupying an expansive 1,042sqm parcel with almost 20 metres of frontage, the site offers ample scope to capitalise on its size and position. Investors may continue renting as a secure holding or explore redevelopment options, including splitting the block, renovating orrebuilding the current complex, or constructing multiple new dwellings (STCA). Just 10km from the CBD and close to amenities, this location provides every convenience. Nundah Village and Nundah train station offer shopping, dining, transport and a medicalcentre within 1.5km. Parks, childcare and schools are within walking distance, and Westfield Chermside is 3km away. With Brisbane Airport accessible in 12 minutes, and major motorways and arterial roads in proximity, you are connected to the best of Brisbane.Property features include:- Fully tenanted 5-unit investment opportunity- Significant 1,042sqm parcel with 19.9m frontage- Returning $89,700 per annum gross- 5x 2-bedroom, 1-bathroom, 1-car units- Continue renting or redevelop the site (STCA)- Within 1.5km of Nundah Village, train and bus- 10km to the CBD and 12 minutes to the airportContact Nick Kouparitsas on 0406 564 619 or Oliver Menkens on 0435 936 353 for more information or to arrange an inspection.*We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.*This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.