50 Gebbie Street, Kelvin Grove QLD 4059

PROPERTY IS READY FOR THE NEXT LEVEL!

Externally the condition is good. Internally the condition is reasonable to good.
By doing a Cosmetic Renovation including A/C,
Rents should increase to approx. $320 to $330/wk.

Now it is a Buy & hold Investment. #$54,600 p.a.

4 x 1 Bedroom Flats. Tidy addition to your investment Portfolio and approx. 2km to the CBD.

Potential!
* With a Cosmetic renovation including A/C the Rents will increase significantly.

% Strata Title to sell off separately. Ask Agent for further information.

% Strata Title to revalue for equity. Ask Agent for further information.

% To Strata you will need to be creative, by pulling areas under the dwelling onto title.
Ask Agent for further information.

LOCATION
Kelvin Grove is an Inner City Brisbane Suburb - approximately 2km to the CBD. "Walk score" - it is Very Walkable - Most errands can be accomplished on foot.

*Major Grocery Shopping Options are around 1km away, and Numerous Cafes,
Restaurants are within walking distance.

*You do have good access to Transport Options close by. You do have good
access to QUT at Kelvin Grove & Royal Brisbane and Women's Hospital.


% You Must Consult experts in this field, Town Planners and Surveyors. To confirm the possibility of Moving Areas Under the building onto Title, to achieve the 50m2 Status.

You can Strata Title Flats under 50m2 however, Mortgage Insurers will not be happy and this will affect value of the Unit (as you will minimise your market for the Unit).


For Sale by Auction on-site 11.00am
12th December 20, Unless Sold Prior.

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.