81 Farnell Street, Chermside, Qld 4032

SITUATED IN A TREE LINED LOCALE BEHIND THE PRINCE CHARLES HOSPITAL WE OFFER THIS OUTSTANDING BRICK BLOCK OF 6 X 2 BEDROOM SELF CONTAINED UNITS. PRESTIGIOUSLY POSITIONED TO CAPTURE TENANCY SUPPLY THIS OPPORTUNITY IS TOO GOOD TO MISS GIVEN ITS PROXIMITY TO THE CHERMSIDE SHOPPING COMPLEX, BRISBANE CBD AND THE BRISBANE AIRPORT. Circa 1980's the block is presented in very good order. Fully let under lease returning $162,240.00 pa with rental increases imminent. THE CURRENT AVERAGE GROSS RETURN FOR UNITS IN CHERMSIDE IS 4.87% MAKING THIS AN OUSTANDING OPPORTUNITY. On separate individual titles the opportunity offers flexibilty with future on sales when required.
AN INFORMATION MEMORANDUM IS AVAILABLE ON REQUEST AND BUYER INSPECTIONS BY PRIVATE APPOINTMENT WITH ANDREW SIM 0426 582 818