1-8/61 Enoggera Road, Newmarket  16 Beds | 8 Baths | 8 Cars

$1,975,000


Astute Investors Take Note - 8 x Strata Titled Unit Block in Blue Chip Location

Presented to the market for the first time in over 31 years, this strata-titled block of 8 apartments offers an incredible opportunity to the discerning investor. With 8x2 bedroom, 1 bathroom, 1 garage units to be sold as one. An established property of this size is a once in a lifetime prize for those seeking to build a significant property portfolio.

Neat and functional with a simplistic modernist design that reflects the era, there is further scope for refurbishment to increase the rental yield. With potential to sell individually as required, this superb block is ideally positioned in one of Brisbane's most desirable areas. Just 150m to Reading Shopping Centre Newmarket, 500m to Spencer Park and 1.1km to the train station, it is only 2.7km to Royal Brisbane Hospital and 3.7km to the heart of Brisbane's vibrant CBD.

Features include:
• Currently retuning approximately $118,300 per annum
• Set on an impressive 779sqm of LMR2 zoned land
• Capturing sweeping district views to the city skyline
• Open plan lounge/dining areas, private balconies
• Original kitchens complete with electric appliances
• Single lock-up garages with integrated laundry facilities
• Double bedrooms, common sunny garden with lawn
• Just moments to Newmarket's renowned lifestyle hub

Expressions of Interest closing 5pm 26/10/2020. The seller reserves their right to accept an offer at anytime.

Phone Haydn Denovan or Lance Denovan for more information or to arrange a private viewing.

 

Haydn Denovan
Sales And Marketing Consultant
0419 961 736
haydn@denovans.com.au

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