1/11 Hamley Street

Wooloowin QLD 4030

An investment with income today and scope for tomorrow, this block of 6 units occupies a substantial 809sqm parcel in Wooloowin, just 6km from the CBD. Currently returning $155,740 per annum approx, the property combines an established rental income with the enduring appeal of a well-connected inner-city address.Comprising 4x 2-bedroom and 2x 1-bedroom units, the holding presents multiple avenues for investors seeking long-term value. Landbank and continue collecting rental income, undertake considered renovations to enhance accommodation and returns, or explore the land's potential for new units or subdivision (STCA). The combination of land size, location and flexibility makes this a compelling addition to your investment portfolio.Convenience underpins the property's tenant appeal, with Wooloowin train station and bus stops just 400m away and local cafes a short stroll from home. Shopping, dining and supermarkets are within 1.4km at HomeCo and Sandgate Road, while childcare and schools are steps from the complex and prestigious private colleges are within minutes. Nearby access to Kedron Brook Bikeway and Hamilton Riverwalk adds further lifestyle appeal to a position sought after by professionals and families.Property features include:- 6-unit brick complex in Wooloowin on 809sqm with 20m frontage- High-income investment currently returning $155,740 per year approx- 4x 2-bedroom units, 2x 1-bedroom units, communal laundry area- All units with kitchen/living space, 1 bathroom, 1-car garage parking- Zoned Low-Medium Density Residential (2 or 3 storey mix)- Landbank and invest, renovate, or explore development potential (STCA)- 400m to Wooloowin train station and bus stop- 1.4km to HomeCo shopping centre and Sandgate Road precinct- 6km to the CBD and in the Eagle Junction State School catchmentContact Nick Kouparitsas on 0406 564 619 or Claudia Rocha on 0413 939 470 today to arrange your inspection or discuss this property further. *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.