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Commercial in Stafford
WHOLE BLOCK OF 8 UNITS | ELEVATED 1,090M²* SITE ZONED LMR
- Building: 732m²
- Land: 1,090m²
Additional Information:
Floorplan- Whole cavity brick block of 8 x 2 bedroom, 1 bathroom units each with dual access lock up garages & private laundry areas
- Passing gross rental of $198,120* p.a.
- Est. gross market rental of $220,480* per annum (average $530 per week/unit)
- Tenants responsible for all costs including water usage & electricity
- Spectacular views from upper levels
- Detailed maintenance & upkeep schedules available
- Substantial 1,090m²* site zoned Low Medium Density Residential
- 1.5km* to Stafford Shopping Centre (Woolworths, Aldi, Cinemas)
- Close to transport and quality schooling
- Well maintained & partially renovated throughout
- Individual water and electricity meters plus recently upgraded switchboards and electrical wiring
- Large underutilized land component which may allow for granny flat or building extension
- Elevated flood free site
- Stafford median unit price of $554,000* (20.40% annual growth)^
For further information, please contact the Ray White Special Projects Marketing Agents.
*Approximately
^REA 2024
Building:
732m²
Land:
1,090m² / 0.27 acres
Tenancy:
Tenanted
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