329 Melton Road, Northgate QLD 4013

SOLID INVESTMENT OPPORTUNITY

Welcome to 329 Melton Rd Northgate - a solid-brick, non-strata titled, four-pack unit block, that returns $1,050 per week rent. Occupying a 604 m2 allotment in the centrally positioned suburb of Northgate, the block is conveniently located within a short walk to Northgate train station and the local shop & business precinct. Close-by are Nundah Village and Toombul Shopping Centre, with easy access to the Gateway and Brisbane Airports.

All Units feature:
1 Bed, 1 Bath
Polished timber floors, open planned living & dining area
Kitchen with gas cook-top
NBN ready
Neat and tidy bathroom with shower
Internal laundry facilities
Single Lock-Up Garage and private storage

Unit 1 - returning $265 p/week, lease till 17 May 2018
Unit 2 - returning $270 p/week, lease till 22 Oct 2018
Unit 3 - returning $250 p/week, lease till 15 Aug 2018
Unit 4 - returning $265 p/week, lease till 30 April 2018

Annual BCC Rates: $1,022.34
Annual Landlord Insurance: $2,173.09
Year Built: 1970's

With 604 m2 size allotment, there is scope (subject to BCC approval) to demolish and create a new block with 6 Units.

Interest for this non-strata titled, four-pack Unit block will be high. Call marketing agent John Andrew to arrange your private inspection of 329 Melton Rd, Northgate today!

Disclaimer:
This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.