$3,100,000

28 Bed  •  6 Bath  •  10 Car  •  850m²

Main view of Homely block of units listing, 117 Lytton Road, East Brisbane QLD 4169
Second view of Homely block of units listing, 117 Lytton Road, East Brisbane QLD 4169
Third view of Homely block of units listing, 117 Lytton Road, East Brisbane QLD 4169
+23

Sold

117 Lytton Road, East Brisbane QLD 4169

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$3,100,000

  • 28
  • 6
  • 10
  • 850m²

Block of Units Sold on Mon 11 Apr, 2022

What's around Lytton Road

Block of Units description

“One of the Best we have seen, and we've seen the best!!”

An amazing opportunity has presented itself, with a huge income of over $300,000 pa.
The current owner has extended the rooming capacity to include an extra 10 rooms and 2 bathrooms.
Renovated to a high standard, this property is a gem of an investment to the most discerning investor looking at high returns.
Currently under professional managers this can be a totally hands off investment.
Situated 4 kilometre• to Brisbane CBD, 1 kilometre to the Gabba Grounds, with buses and trains in walking distance, makes this property an ideal renter for the single professional.
Stable and long term tenants enjoy the comfort of easy access to the CBD and transport.

Features Include:
• Fully Council Approved and Certified
• Full Fire Safety Compliance
• 28 Renovated and furnished Rooms with Fridges
• 6 Renovated Bathrooms
• Multiple Communal sitting rooms
• Multiple Kitchens
• Parking for 6 + Cars
• Currently under Management returning a 10% gross income.
• Plus a Huge opportunity to value add and extend the rooming capacity

For further information and copy of the IM please call Clive 0416 199796 or Sandra 0448126609

Property features

broadband

Broadband

builtInRobes

Built-in Robes

outdoorEnt

Outdoor Entertaining

toilets

Toilets: 6

Land details

Area: 850m²
Fourth view of Homely block of units listing, 117 Lytton Road, East Brisbane QLD 4169View more
Fifth view of Homely block of units listing, 117 Lytton Road, East Brisbane QLD 4169View more

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117 Lytton Road, East Brisbane QLD 4169
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