Price Undisclosed

8 Bed  •  4 Bath  •  4 Car  •  817m²

Main view of Homely block of units listing, 7 Tower Street, Eastern Heights QLD 4305
Second view of Homely block of units listing, 7 Tower Street, Eastern Heights QLD 4305
Third view of Homely block of units listing, 7 Tower Street, Eastern Heights QLD 4305
+10

Sold

7 Tower Street, Eastern Heights QLD 4305

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Price Undisclosed

  • 8
  • 4
  • 4
  • 817m²

Block of Units Sold on Fri 16 Oct, 2015

What's around Tower Street

Block of Units description

“BLOCK OF 4 UNITS - $41,860 PA”

# 4 UNITS EACH HAVE 2 BEDROOMS
# ALL UNITS HAVE OWN GARAGE
# EACH HAS KITCHEN, BATRHOOM & LAUNDRY
# COLLECTIVLY RENTING FOR $805 PER WEEK
# AMAZING AND SOUGHT AFTER STREET

If I was in a position to buy another investment property this block of 4 units would be it! With great tenants, some of whom have been here long term and all have nil rent arrears this is smart buying.

Each unit has 2 bedrooms, their own kitchen and own bathroom as well as their own balcony and lounge room plus a laundry.

Each unit also has front and rear access, the complex has a metal roof and hardwood floors.

Simply put this is a no brainer with an unimproved land value of $250,000 which basically means you are only paying $200,000 for this great complex. Homes in general in this position command big dollars and this block of units is sitting on an elevated 817m2 block in one of Ipswich's best streets.

Council rates are $1245 per quarter, each unit has individual electricity meters and the urban utilities are approx. $1108 per quarter combined for all units.

Call the listing agent Glenn Ball at First National Action Realty today to book your own private viewing.

Land details

Area: 817m²
Fourth view of Homely block of units listing, 7 Tower Street, Eastern Heights QLD 4305View more
Fifth view of Homely block of units listing, 7 Tower Street, Eastern Heights QLD 4305View more

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7 Tower Street, Eastern Heights QLD 4305
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