10 Colton Street, Highgate Hill QLD 4101

Expressions of Interest - Closing 16th August 2022! Come and inspect this very rare opportunity to buy an un-strata titled whole block of solid brick flats on medium density zoning land, high on the hill in a leafy Highgate Hill position.

The property provides a stable proven cash flow with long term tenants, has great layout and dimensions, plenty of natural light and cross ventilation, and is the perfect blank canvas for a savvy investor to renovate and add value.

Features include:
- 9 x 2 bedroom 1 bathroom 1 car units
- Neat and tidy inside with scope for renovation
- Long open plan living areas
- Separate kitchen with plenty of cupboard space
- Main bedroom with built-ins
- North-facing balconies
- Large bathrooms with internal laundry
- Separate toilets
- Currently rented at around $150,000 with scope to increase to $190,000pa with renovation
- Landscaped low maintenance block

The apartment complex is in an attractive position just down from Dornoch Tce. There are luxury apartments being built nearby commanding impressive prices. It is a short walk to bus, Citycat, parkland and popular local restaurants and shops. It’s also within the Brisbane State High School catchment.

Buy, maximise, hold! Strata-title and sell off! Investigate development options!

Properties like this don’t come up often, be quick.