$2,403,000

8 Bed  •  6 Bath  •  6 Car  •  696m²

Main view of Homely block of units listing, 1-6/32 Mowbray Terrace, East Brisbane QLD 4169
Floorplan of Homely block of units listing, 1-6/32 Mowbray Terrace, East Brisbane QLD 4169
Second view of Homely block of units listing, 1-6/32 Mowbray Terrace, East Brisbane QLD 4169
+20

Sold

1-6/32 Mowbray Terrace, East Brisbane QLD 4169

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$2,403,000

  • 8
  • 6
  • 6
  • 696m²

Block of Units Sold on Thu 27 Jul, 2023

What's around Mowbray Terrace

Block of Units description

“BRISBANES BEST BRICK & MORTAR INVESTMENT RETURNING OVER $115k PER ANNUM”

Welcome to apartment block 1-6/32 Mowbray Terrace, East Brisbane! This exceptional block of units presents a rare opportunity for investors or those seeking a multi-generational living arrangement. With a total of 8 bedrooms, 6 bathrooms, and 6 garage spaces, this property offers an abundance of space and versatility.

Situated on a generous land area of 696 sqm, this block of units boasts a prime location in the sought-after suburb of East Brisbane. The property is conveniently located near a range of amenities including schools, parks, shops, and public transport options, ensuring a convenient and comfortable lifestyle for its occupants.

Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents.

Current Leases on the 6 apartments are netting $115,700 per year.

Unit 1 - 2 Bed 1 Bath 1 Car
Unit 2 - 1 Bed 1 Bath 1 Car
Unit 3 - 1 Bed 1 Bath 1 Car
Unit 4 - 2 Bed 1 Bath 1 Car
Unit 5 - 1 Bed 1 Bath 1 Car
Unit 6 - 1 Bed 1 Bath 1 Car

The property's standout feature is its potential for multiple income streams, making it an ideal investment opportunity. Whether you choose to rent out each unit individually or utilize the entire block for future development, the possibilities are endless.

The property will be sold via auction, providing an opportunity for buyers to secure this unique property at a competitive price. Don't miss out on the chance to own this impressive block of units in the highly sought-after East Brisbane location.

For more information or to arrange an inspection contact Michael Nolan or Adam Edwards for more information!

Land details

Area: 696m²

Interactive media & resources

Third view of Homely block of units listing, 1-6/32 Mowbray Terrace, East Brisbane QLD 4169View more
Fourth view of Homely block of units listing, 1-6/32 Mowbray Terrace, East Brisbane QLD 4169View more

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1-6/32 Mowbray Terrace, East Brisbane QLD 4169
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