19 Waverley Road, Taringa QLD 4068

Your opportunity to invest in land holding in Taringa

With high rental demand, Set on a 640m2 block in the highly sought after suburb of Taringa, this block of 4 units presents unsurpassed opportunity.

The opportunity exists to add value for the right purchaser. Increase rent through renovations, land bank for future development potential by the ability to build up to 3 storeys on the site, or keep the existing block and add an additional story or additional units at the back (Subject to council approval).

The residences represent a prime investment proposition with great flexibility in one of Brisbane's most sought after residential destinations. Access to major shopping centres & retail districs, industrial distric, public transport and only minutes to University of Queensland and a short drive along Coronation Drive to the CBD.

Property Features -
- 4x 2 Bedroom, 1 Bathroom flats on single title
- 3x Rented for $290p/w each, 1x Rented for $300p/w
- 4 Covered Car spaces with unit allocations
- Lockup storage for complex
- Individually metred power & internet connections
- LMR2-3 Zoning
- 640sqm block
- Long term tenants

Rental yield of $60,840* per annum

Location
- Approx. 5km to CBD
- Approx. 500m to Indooroopilly Shopping Centre
- Approx 3.4km to University of Queensland
- Approx 700m to Taringa Train Station
- Approx. 1km to Indooroopilly Shopping Centre
- Approx. 100m to Manchester Terrace Bus Stop
- Indooroopilly State School Catchment
- Indooroopilly State High School Catchment

Inspection by appointment

Disclaimer: We have in preparing this listing used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this listing.