116 Cavendish Road, Coorparoo QLD 4151

Be in quick as this rare opportunity to purchase this solid block of 5 units won't last long. In a prime location in the heart of Coorparoo and only a stone's throw away from the fabulous Coorparoo Square that is home to Aldi, cafes, restaurants including the popular Beyond the Pale bar and the Dendy Movie Theatre. Within easy walking distance to busses and trains making it a quick trip into the city from here.

Located only 4.5 km to the CBD. Don't delay act quickly to secure this excellent investment opportunity with no body Corp or capitalise on developing this LMR site which allows for 2-3 stories, either way it is a win win.

There are tenants currently in place who would love to stay on, however, it has been achieving less than the current market rent as it has been self-managed by the owner who lives on site.

Units 1 through to 4 all have 1 bedroom, 1 bathroom and 1 car space (potential return $250 - $275 per week)
Unit 5 boasts 3 bedrooms, 2 bathrooms, a kitchen, a kitchenette and 3 utility rooms (potential rental return $500 to $550 per week)
Rates approx $1400 per quarter
Water approx $1100 per quarter

Phone for a private inspection today.