60 Araluen Street

We present a wonderful opportunity to acquire a cash flow investment of 3 units on one title on a 678sqm block in Brisbane's upcoming northern suburb of Kedron. ==== - Submit an enquiry online to receive the Disclosure Documents and Offer Form. - Expressions of interest must be submitted on the Offer Form by Monday 13th July. - Contracts will then be issued to parties who have submitted a form for best and final offer. - Provision for you to conduct your own DD and or Build and Pest within 7 business days of the contract is included. ==== Generating a total annual income of $1,575 per week or $81,900 per annum. A great location, close to Chermside Westfield, easy access to ICB, Clem 7, CBD and close to public transport. Accommodation - Built 1970 2 x 1 Bedroom, 1 bathroom, 1 car space units. 1 x 2 bedroom, 1 bathroom, 1 car space unit. Land Size 678sqm Dimensions - 16.2m frontage, 42.6m deep. Income Breakdown - Unit 1 2 bedroom, 1 bathroom, 1 car space, updated kitchen, bathroom and living areas with split system air conditioning. Leased till March 2027 @ $550 Unit 2 1 bedroom, 1 bathroom, 1 car space, updated kitchen, bathroom and living areas with split system air conditioning. Leased till May 2027 @ $500pw Unit 3 1 bedroom, 1 bathroom, 1 car space, updated kitchen, floors and bathroom, with split system air conditioning. Leased till May 2027 @ $525pw Total annual gross income approx. $1575 per week or $81,900 gross per annum. Rates = Approx $1,488 per quarter or $5,925 per year Water = Approx $760 per quarter or $3,040 per year Property Management Expenses approx = 6% per year or $4,914 No Strata Levies - all on one title. Net Income approx = $68,021 Properties are separately metered for gas, electricity and NBN but not water.