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About this property
Presenting a rare opportunity to secure a 7-unit investment property centrally located in one of Brisbane's historic inner-city suburbs, walking distance to Brisbane's CBD. With a well-balanced passive income producing asset from multiple tenancies, this property offers strong holding income, minimal vacancy risk and future upside potential. FEATURES - 7 self-contained units over 2 Levels 3 on ground level, and 4 on the upper - Security screens and door on most windows and doors. - Separate laundry shed with a hired washing machine for communal use with access to two Hills Hoist washing lines. - Plenty of off-street parking on both sides of the residence. - Unaffected by historical floods Unit 1 - 1 bedroom; open-plan kitchen/living/dining; vinyl flooring to living areas; kitchen with oven and gas cooktop; bathroom; study nook; carpeted bedroom with built-in and direct bathroom access; external bathroom storage. Unit 2 - 1 bedroom; carpeted bedroom with mirrored built-in robe; open-plan living/dining; vinyl flooring to living areas; kitchen with oven and gas cooktop; bathroom with shower and toilet. Unit 3 - 1 bedroom; carpeted bedroom with mirrored built-in robe; open-plan kitchen/living/dining; kitchen with oven and gas cooktop; bathroom with shower, toilet and basin. Unit 4 - 1 bedroom; carpeted bedroom with built-in robe; kitchen with oven and gas cooktop. Unit 5 - 1 bedroom; open-plan kitchen/living/dining; carpeted bedroom with mirrored built-in robe; kitchen with oven and gas cooktop; bathroom with toilet and basin. Unit 6 - 1 bedroom; open-plan kitchen/dining; vinyl flooring to living areas; kitchen with freestanding oven and gas cooktop; carpeted bedroom with built-in robe; bathroom; private-use courtyard. Unit 7 - Tidy self-contained flat one carpeted bedroom with built-ins, open plan kitchen/living with timber floors includes standalone over with gas cooktop spacious bathroom with shower, basin, toilet and cabinetry. LOCATION FEATURES - 200m to Suncorp Stadium and Ithaca Swimming Pool - 290m to The Barracks- Coles, cinema etc. - 300m to the Caxton Street Entertainment Precinct - 430m to Roma St Parklands - 450m to Roma Street Station - 1.3km to the Brisbane CBD -1.3km to Milton Ferry Terminal - 1.9km to QUT Kelvin Grove Campus - Abundance of bus routes nearby with direct access to the CBD - Easy walking distance to Paddington, Petrie Terrace and the Brisbane City - Located within proximity of Victoria Park, the future Brisbane 2032 Olympic precinct Enquire on this listing to receive automatically receive an information memorandum including lease information and financials. Contact agents to arrange an inspection Disclaimer 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
Property Details
- Property Type
- land
- Listing Type
- Sold
- Bedrooms
- 7
- Bathrooms
- 7
- Parking
- 4
- Land Area
- 463 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Petrie Terrace
This 7-bedroom land in Petrie Terrace, QLD 4000 sits within reach of public transport, local shops local amenities.
What's nearby
- Caxton St near Chapel St, stop 4 (bus) — 62 m away
- 7 Nights Convenience Store — 140 m away
- Neal Macrossan Park — 175 m away
- Unnamed — 310 m away
- Hardgrave Park — 330 m away
Petrie Terrace at a glance
Full suburb profile- Population
- 1,168
- Median age
- 31
- Household income
- $2,401/wk
- Median rent
- $435/wk
- Median mortgage
- $2,665/mo
Source: ABS Census.
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