$1,380,000

8 Bed  •  4 Bath  •  2 Car  •  703m²

Main view of Homely house listing, 85 Kennigo Street, Spring Hill QLD 4000
Floorplan of Homely house listing, 85 Kennigo Street, Spring Hill QLD 4000
Second view of Homely house listing, 85 Kennigo Street, Spring Hill QLD 4000
+10

Sold

85 Kennigo Street, Spring Hill QLD 4000

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$1,380,000

  • 8
  • 4
  • 2
  • 703m²

House Sold on Fri 1 Apr, 2016

What's around Kennigo Street

House description

“Amazing Opportunity to Purchase Entire Complex of 4 units”

Presenting this rare opportunity that only comes about once in a blue moon! This is your chance to secure 4 separate 2 bedroom units right in the heart of Brisbane City on a huge 703sqm block on two lots.

All 4 units are currently rented out for a total of $1400 per week bringing in close to $73,000 per annum in income. This means that you are getting an approximate 5% return on investment with NO Body Corporate fees!

You simply cannot go wrong - not only is this a superb investment at present but with such a large block in Brisbane's inner city you will continue to enjoy the capital growth and future potential to land bank this block.

Each unit is very similar in set up and layout, each comprising 2 large bedrooms, lounge room & dining room, bathroom with bath and separate toilet and a spacious kitchen with plenty of cupboard space. Each unit has its own front and back door entry and comes with plenty of space to park cars at the rear of the property.

This location is goal and scores a massive 94 out of 100 on Walk Score which makes it a Walker's Paradise and a car is not required to complete daily errands.

- 3 min drive to Downtown Brisbane
- 7 min to cycle to Downtown Brisbane
- Of If you are feeling fit, only 26 min walk to downtown Brisbane
- Approx. 400m to train station
- 600m walk to Brunswick street (right in the heart of Fortitude Valley)

Don't miss out - opportunities like this rarely come on the market.

Other features

Property Type: House

Land details

Area: 703m²

Interactive media & resources

Third view of Homely house listing, 85 Kennigo Street, Spring Hill QLD 4000View more
Fourth view of Homely house listing, 85 Kennigo Street, Spring Hill QLD 4000View more

Contact the real estate agent

Johnny Lin Team

Harcourts - Pinnacle - Aspley

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85 Kennigo Street, Spring Hill QLD 4000
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