10-12 Toohey Avenue
Sold - Price Withheld
12 beds 6 baths 6 cars

Property Description

Opportunity Knocks in Greenslopes on 928m2

An excellent opportunity for Investors, SMSF owners, Developers and those wishing to secure a unique property with a proven income offering future development potential (STCA). The 6 x 2 bedroom units are being sold "in line" allowing the prudent Buyer the chance to consolidate their property portfolio into one valuable asset thus containing holding costs and offering the "upside" to further develop and/or "value add" to this unique land holding!

This property comprising 6 individually titled cavity brick units on 928 m2 of land is "tucked away" in a quiet locale and only a "hop, skip and a jump" to the many amenities inner city Greenslopes offers including Greenslopes Private Hospital, Greenslopes State School, popular shopping in trendy Stones Corner, cafes, parks, bikeways, restaurants, busways and the motorway connecting to the Gold Coast.
* 6 x 2 bedroom x 93m2 (approx) cavity brick Strata Titled Units

* Set in a north facing elevated and quiet location – 2 with City views

* Excellently maintained solid cavity brick building with "easy care" grounds

* All units have generous sized lock-up garages (accommodate 2 x small cars)

* Set on a level 928m2 LMR Block (with further potential STCA)

* Fully leased holding return of $107,000 (gross) per. annum.

* Sound investment with good income spread over 6 x 2 bedroom units

This rare opportunity awaits your inspection - don't miss it!
Expressions of Interest invited – closing @ 11am September 2nd 2021
For further information contact -
Andre - 04211 3 8888 - [email protected]
Evelyn – 0408 797 385 – [email protected]


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