The property features 38 bed, 38 bath and 23 car spaces.*
A rare and remarkable investment opportunity just 250m from Ashgrove Marketplace and 4.5km from the CBD, this boutique complex of 19 units rests on a commanding 1,821sqm site in one of Brisbane's most coveted lifestyle pockets.
Fully tenanted and strata-titled with Gross Annual Returns exceeding $600k, the property combines high-yield, low-maintenance, and blue-chip positioning to create the ultimate portfolio addition.
Family built and owned since 2012, the complex showcases solid construction, manicured landscaping, and the benefit of a recent repaint. Spanning two secure buildings with gated basement parking, fob and intercom access, and pristine presentation, the property reflects exceptional care and long-term value.
Each of the 19 residences offers a generous 2-bedroom, 2-bathroom, 1-car park layout with a balcony or courtyard. Designed for modern living, the apartments feature open interiors with air-conditioning, master suites with walk-in robes and ensuites, concealed laundries, and quality stainless steel appliances. Several units are further elevated by private lofts or scenic city and treetop vistas, amplifying their desirability to tenants.
A tightly held, income-generating complex in an unbeatable position – this is a premium investment of scale and substance that rarely comes to market.
Property highlights include:
- Fully tenanted 19-unit strata-titled investment opportunity on 1,821sqm
- Gross Annual Return: exceeding $600,000
- All units featuring 2 bedrooms, 2 bathrooms, 1 secure car space
- Air-conditioned living areas, ceiling fans and security screens in each unit
- High ceilings throughout
- 2 buildings featuring no lifts, secure parking, intercoms and fob entry
- 3x visitor car spaces and 1x disabled car space
- Zoned Low-Medium Density Residential (2 to 3 storey mix)
- 250m from Ashgrove Marketplace precinct, 4.5km from the CBD
In an optimal location offering every convenience within walking distance, this property boasts an exceptional Ashgrove lifestyle. Only 250m from the suburb's shopping precinct, Coles, Woolworths and Aldi are within easy reach, cafes, restaurants and wine bars are nearby, and the local butcher, bakery, banks and gyms are on your doorstep.
The CBD is within 4.5km, bus stops are 250m away, and the buildings feature beautiful parks, playgrounds and bikeways just a stone's throw away. Located in the Oakleigh State School catchment and walking distance from Marist College and Mt St Michael's, families will also appreciate the prime position.
*realestate.com.au allows only 30 bedrooms & 20 bathrooms to be advertised.
Disclaimer
This property is being sold by auction or 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.
Disclaimer:
We have in preparing this advertisement 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. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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