74 Ferndale St, ANNERLEY QLD 4103

WHOLE BLOCK OF BRICK FLATS ON 1644 m2 LMR LAND

Consisting of 5 x 1 bedroom and 2 x 2 bedroom brick flats, this property is the ultimate holding investment. Returning $77,740 p.a (on low rents) and capital growth assured on such a large block for redevelopment in the future.
Another option would be to strata title the block and sell each unit individually.
Gross quarterly rates are $2,085.65.
Perfectly positioned in a quiet sought after location, handy to shops, schools and transport in a flood free area and less than 6km to the CBD.
Sustainability declaration available from agent.