58 Bayford Street, Oxley QLD 4075

Take a look at this well-positioned piece of fast-growing Oxley. With great current and further potential yield, and plenty of land space for development, it is an opportunity for future transformation and continued rental income performance.

Land is at a premium in Oxley as an older and well established suburb in south-west Brisbane. This corridor continues to evolve and attract transformative projects for townhouses and apartments, being conveniently located by a key arterial to Indooroopilly/Toowong, as well as the Centenary Highway and Ipswich Motorway.

Each flat/home has access to a full kitchen, and share the exterior laundry facilities. The parking is a carport at the rear of the property, and the property features a large grassed rear yard. Additional storage is available beneath.

As the property is tenanted across three residences, inspections will by appointment only. If you'd like to learn more about this investment and development opportunity, be sure to reach out and we can provide some further information.

Particulars:

Unit 1 - $22,360 P.a. leased until Mar 25, rental review Mar 25
Unit 2 - $17,160 P.a. leased until Mar 25, rental review Sep 25
Unit 3 - $18,720 P.a. leased until May 25, rental review May 25

Unit 1 offers a full family sized home with four bedrooms and two living areas. Great for securing multiple tenants in one apartment or a long term family tenant.
Unit 2 is a plentiful two bedroom flat, with sunroom and living room.
Unit 3 has two living spaces, in the sunroom off from the bedroom + bathroom, and the front living room.

Total rent: $58,240 P.a.
Brisbane Vacancy Rate: 1.44%
Brisbane value growth 12-months: 15.7% - 19.2%
Oxley value growth 12-months: 20.7%
Land area: 1,232 m2 across two lots

*stats accurate at time of listing