Residential Investment Complex plus High Exposure Commercial Space

This property presents an ideal inner-city investment close to transport, Mount Gravatt Plaza and Mount Gravatt entertainment precinct. 

Occupying 683m2, the dwelling includes 1 x 1 bedroom and 3 x 2 bedroom units. In total, there are 7 bedrooms, 4 bathrooms and accommodation for 11 vehicles. 

But wait, there’s more …. A commercial office and shop front obtains high exposure. Drivers along Logan Road find it hard to ignore.

The property includes 407m2 of interior floor space. 

A savvy investment, the property features yearly rent returns of $113,724. 

Each residential unit includes:

– Functional kitchen with an oven and cooktop

– Bathroom

– Access to a shared laundry and clothesline

– 1 car space

– Generous, North facing, private balcony

Other features

+ Logan Road frontage with Large Glass Shop Front

+ Public transport, cafes, restaurants and shops at your door step

+ 11 car parks in total (7 underground & 4 outdoor)

+ Potential development opportunities subject to Council approval

Positioned in a sought-after inner-city precinct, this property is just:

– 8.3km (10 minute drive) from Brisbane City

– 300m to Mount Gravatt Lifestyle precinct

– 700m to Mount Gravatt Plaza shopping centre

– 500m to Mount Gravatt State School

– 500m to Mount Gravatt High School

– Transport is made easy with city bus stops at your door step

– 5 minute drive to Griffith Universtity and Pacific motorway

Approximate site dimensions: 

15.5m frontage & 45m depth

155m2 Back yard (15.5m x 10m)

Zoning: LMR2  Low-Medium density residential (2 or 3 storey mix)

Total Annual Council Rates: Approximately $8,307.40

Total Annual Water/Sewerage Fees: Approximately $4,512

Fully tenanted and offering great returns – this is the perfect investment property.

Contact Eagle Real Estate to arrange a private inspection. Phone 3394 1077 or 0439 781 640.

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Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.