18 Prince Street, Annerley QLD 4103

For sale for the first time in over 45 years, this well-maintained block of units presents a fantastic investment opportunity for discerning buyers seeking to secure quality real estate in an enviable location.

Situated on an 827m LMR block (2-3 story mix) just 5km from the Brisbane CBD, this brick veneer construction offers a myriad of possibilities for the future. Whether you are contemplating renovation, strata titling, or even rebuilding, the choice is yours.

Comprising 2 x 2-bedroom, 1-bathroom units and 3 x 1-bedroom units, each space offers different levels of renovation, condition, and size.

Currently generating approximately $90,000 per annum, a simple realignment of the flexible tenancy agreements could potentially increase the returns to a minimum of $120,000 per annum (Full rental appraisal available).

The ground floor features all the car accommodations, secure storage rooms, and separate laundries for each unit (internal laundry also available).

Additional internal features include:

Full security screens
Ceiling fans throughout
Built-in storage
Front and rear access for all units
Don't miss out on this rare opportunity in this sought-after location, act now as opportunities like this do not come around often.