Price Undisclosed

5 Bed  •  5 Bath  •  0 Car  •  642m²

Main view of Homely house listing, 85 Gloucester Street, South Brisbane QLD 4101
Floorplan of Homely house listing, 85 Gloucester Street, South Brisbane QLD 4101
Second view of Homely house listing, 85 Gloucester Street, South Brisbane QLD 4101
+3

Sold

85 Gloucester Street, South Brisbane QLD 4101

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Price Undisclosed

  • 5
  • 5
  • 0
  • 642m²

House Sold on Sat 29 Jun, 2013

What's around Gloucester Street

House description

“South Brisbane Investment Blockbuster”

Lifestyle - You do not get an opportunity like this everyday! Take advantage of this PRIME 642sqm (2 lots) north facing Inner City property with 5 multiple income producing flats and the exceptional opportunity to enhance the return with further improvement possibilities.

Accommodation - Each flat is fully self contained and there is a communal laundry. Long term tenants have remained along with an impressive 100% occupancy record. With a yearly gross income of $63,000 you can understand why owning an income producing property so close to the CBD makes for a recognisable solid investment in both return and capital growth.

Features - Situated at the hub of where you need to be, you will truly value the proximity of this 5 Flat 'Queenslander' dwelling to all amenities; within walking distance to Southbank train station, Mater Hospital, Brisbane State High, St Laurence's and Somerville House schools, universities, local shops, restaurants and cafes, city bus and the buzz of Southbank and West End on your doorstep making them very easy to rent. Despite all of this, and being so close to the city, it is surprisingly quiet.

Call Martin Hood today on 0411 220 736 for your personalised Investment pack on the property and to arrange your viewing.

Land details

Area: 642m²

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85 Gloucester Street, South Brisbane QLD 4101
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