$725,000

6 Bed  •  3 Bath  •  3 Car

Main view of Homely block of units listing, 310 Bennetts Road, Norman Park QLD 4170
Second view of Homely block of units listing, 310 Bennetts Road, Norman Park QLD 4170
Third view of Homely block of units listing, 310 Bennetts Road, Norman Park QLD 4170
+10

Sold

310 Bennetts Road, Norman Park QLD 4170

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$725,000

  • 6
  • 3
  • 3

Block of Units Sold on Thu 10 Jan, 2019

What's around Bennetts Road

Block of Units description

“This is your Turn Key Investment Opportunity!”

Your doorway into the blue-chip suburb of Norman Park has arrived on this generous 577m2 Block.

This complex of 3 units, all under the same title, represents excellent growth and rental scope for the first-time investor! With all 3 units currently on a 12-month lease returning a current gross income of $48,100 p.a. you will receive an approximate 5.8% - 6% rental yield! With huge potential to renovate and upgrade you will have the capability to increase your already high rental returns!

Whether you are purchasing an income producing investment, looking for a business venture or holding for potential re-development in the future, this property should be number 1 on your must-see list!

Property details:
- 3 X two bed, one bath, one garage units
- Rental income of $48,100 pa
- 577m2 block zoned LMR
- Purpose built unit complex - perfect size for the first-time investors which are seldom available.
- Open plan living and dining spaces

Shops and Cafs are a short stroll away as well as being only 5km to the CBD. Public transport options are plentiful with local bus, and train services well connected to Brisbane's inner city.

This property will not be around for long! Call our team now for more details

Building details

Area: 577m²
Fourth view of Homely block of units listing, 310 Bennetts Road, Norman Park QLD 4170View more
Fifth view of Homely block of units listing, 310 Bennetts Road, Norman Park QLD 4170View more

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310 Bennetts Road, Norman Park QLD 4170
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