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Commercial for Sale in Fairfield
CONTRACT CRASHED | SELLER NOW SEEKING OFFERS OVER $1,700,000 (7.64% Return) | Inner City Residential Investment 4km* to Brisbane CBD
- Building: 336m²
- Land: 847m²
Next Steps:
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Floorplan- Charming converted Queenslander providing 10 bedrooms which are fully leased
- Combination of brick and timber construction; encompassing spacious kitchen & living areas on both levels
- Opportunity to reposition into a large single residence
- Further opportunity for self contained dual living upstairs and downstairs
- 847m²* land holding zoned Low Density Residential with no restrictive character overlays
- Short walking distance to a council bus stop and Dutton Park Train Station
- Walking distance to the Green Bridge towards the University of Queensland
- Returning over $129,000* in gross income with scope to further increase
- Strong long term occupancy with Brisbane witnessing overwhelming tenant demand for affordable accommodation nearby public transport
- Myriad of parks and recreational facilities-perfect blend of Inner City living but with green leafy surrounds
- Close to Fairfield Gardens Shopping Centre (including Aldi, Coles and specialty stores)
- Short driving distance to the PA Hospital & Mater Hospital Precincts
- Short driving distance to the Brisbane CBD (4km*)
- Walking distance to local coffee shop and convenience retail complex
*Approximately
Building:
336m²
Land:
847m² / 0.21 acres
Tenancy:
Vacant
Next Steps:
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This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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