$1,585,000

6 Bed  •  3 Bath  •  3 Car  •  584m²

Main view of Homely block of units listing, 89 Macdonald Street, Norman Park QLD 4170
Second view of Homely block of units listing, 89 Macdonald Street, Norman Park QLD 4170
Third view of Homely block of units listing, 89 Macdonald Street, Norman Park QLD 4170

Sold

89 Macdonald Street, Norman Park QLD 4170

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$1,585,000

  • 6
  • 3
  • 3
  • 584m²

Block of Units Sold on Thu 25 May, 2023

What's around Macdonald Street

Block of Units description

“A BLOCK OF FLATS IN NORMAN PARK”

Neat and tidy complex in prestigious inner-city location with city views.

Highly sought after and occupied by great tenants, this property is sure to perform and prosper overtime with features including:

* Three x 2 bedroom flats, that that are very well sized.
* All three flats are neat and tidy, well kept and maintained one of them has renovated bathroom and kitchen
* All of the flats have a single secure garage space, as well as a driveway space, accommodating two cars off street.
* Laundries located in garage, plus additional storage space in front of cars.
* Current rental return is very low new tenancies would be fetching well over $500.00 per week for each unit)

The current tenancies:
Unit 1 - 2 Bedroom, 1 Bathroom, 1 Garage $350.00 per week till 29/1/2024
Unit 2- 2 Bedroom, 1 Bathroom, 1 Garage $390.00 per week till 3/5/2024
Unit 3- 2 Bedroom, 1 Bathroom, 1 Garage $350.00 per week till 16/11/2023

Land bank for your future retirement or knock down and build your dream home. The options are plenty.

Property features

livingAreas

Living Areas: 3

secureParking

Secure Parking

toilets

Toilets: 3

Other features

City Views, Close to Schools, Close to Shops, Close to Transport

Council rates

$1415.95 Quarterly

Land details

Area: 584m²

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89 Macdonald Street, Norman Park QLD 4170
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