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8 Mulligan Street

Manoora, QLD 4870, Australia
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9 bed 9 bath 9 car935m²

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About this property

An exceptional investment and redevelopment opportunity awaits at 8 Mulligan Street. Positioned on a substantial site, this property comprises a block of nine one-bedroom units, all held on a single title and currently rented on month-to-month agreements. The flexible tenancy arrangements provide the ideal opportunity for an investor or developer to refurbish and modernise the complex - either all at once or progressively over time - unlocking the site's full income potential. Adding even greater appeal, the adjoining property at 6 Mulligan Street is also available for purchase. Set on 793m², the combined landholding of 6 & 8 Mulligan Street totals an impressive 1,728m², presenting exciting possibilities for future redevelopment or expansion (STCA). A new unit complex developed alongside the existing facility could create a highly desirable residential investment in a growing location. Opportunities with this level of flexibility, income, and development potential are increasingly hard to find. For further details, contact Richard Gibbins or Yvonne Carr today. DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own inquiries.

Property Features

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    Repayment calculator

    $2,545/month
    $1,273 /fortnight
    Loan $420,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$105,000
    Stamp duty$16,800
    Conveyancing (est.)$2,000
    Total upfront$123,800
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    9
    Parking
    9
    Land Area
    935m²
    Listed
    1 week ago

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