54 Lade Street, Gaythorne QLD 4051

Incredible Investment or Development Opportunity

Here's a very rare investment/development opportunity to secure a block of units on 875sqm zoned LMR currently returning $55,000pa & there is also genuine prospects to secure the block of units next door on 776sqm zoned LMR in the near future.

Enjoying quiet a location in a prime position only 500m to Gaythorne Train Station & 1km to Brookside Shopping Centre with long term tenants that would like to stay.

Unit 1 - 2 bedroom, 1 bathroom ground floor leased for $255 per week until Oct 2018
Unit 2 - 2 bedroom + study, 1 bathroom leased for $290 per week until Sep 2018
Unit 3 - 2 bedroom + study, 1 bathroom leased for $290 per week until Jan 2019
Unit 4 - 2 bedroom, 1 bathroom ground floor leased for $230 per week until Jan 2018

CBD 7km
3km Gallipoli Barracks
1.2 km to Brookside Shopping Centre
1.5 km to Blackwood Street Caf Precinct
361m Bus stop
1.1 km to Gaythorne RSL
1km Library
450m to Gaythorne Train Station
400m Daycare/Pre-School
Public schools: Mitchelton Primary, Mitchelton High, Enoggera State School
Private schools: Mt Maria College; Our Lady of Dolores; Hillbrook Anglican

With impeccable transport connections, a 30-minute bus ride on the 350 or a 20-minute ride on the train from Gaythorne station will take you directly into the CBD. Gaythorne is only a 5-minute drive from Brookside Shopping Centre and a few minutes' drive from the Alderley shopping centre with its recently refurbished Coles. Retail therapy has never been so convenient. In this family friendly neighbourhood the famous Jan Powers' Farmers' Markets are held every month in nearby Blackwood Street where you can also treat yourself to a barista coffee or visit one of the many restaurants there.