12 Toohey Avenue GREENSLOPES QLD 4120
For Sale!

DESCRIPTION

This property comprising 6 individually titled cavity brick units on 928 m2 of land is "tucked away" in a quiet locale and only a "hop, skip and a jump" to the many amenities inner city Greenslopes offers including Greenslopes Private Hospital, Greenslopes State School, popular shopping in trendy Stones Corner, cafes, parks, bikeways, restaurants, busways and the motorway connecting to the Gold Coast.

A excellent opportunity for investors, self managed superannuation fund owners, developers and those wishing to secure a unique property with a proven holding income offering future development potential (STCA). The 6 units are being sold "in line" allowing the prudent Buyer the chance to consolidate their property portfolio into one valuable asset thus containing holding costs and offering the "upside" to further develop and/or "value add" to this unique land holding!

* 6 x 2 bedroom x 93m2 (approx) cavity brick Strata titled Units
* Set in a north facing elevated and quiet location with City views
* Excellently maintained solid cavity brick building with "easy care" grounds
* All units have generous sized lock-up garages (accommodate 2 x small cars)
* Set an a level 928m2 LMR Block (with further potential)
* Fully leased holding return - $108,000 per. annum.
* Sound investment with good income spread over 6 x 2 bedroom units

This rare opportunity awaits your inspection - don't miss it!