$1,314,160

20 Mollison Street, South Brisbane QLD 4101

7 Bed

5 Bath

4 Car

438 m²

$1,314,160

20 Mollison Street, South Brisbane QLD 4101

7 Bed

5 Bath

4 Car

438 m²

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Under Offer - West End (south Brisbane) Block Of Flats , Say No More!

* Five Self-contained flats
* 4*1br and 1*3br
* Recently constructed Storage Space underneath - providing extra Income
* Situated next to the 'West End Market' Complex
* Current Rental Income $102,440.00 approx per year -
* Immediate income upside available (As storage area is let casually to a family member)

Rarely, along comes a property that offers you the investment opportunity like these flats. 5 self-contained flats offering , in conjunction with recently constructed storage facilities underneath generating a gross income of just under $105,000 a year.

A well maintained building which has recently had in excess of $ 200,000.00 worth of improvements.

Situated next to the "West End Market" Shopping Complex, where you're only minutes away from all of the lifestyle advantages of inner city living and yet only seconds away from the peace and tranquility of this river suburb.

And with the expected redevelopment of the nearby Montague Road precinct, property such as this can only add value and prestige to your real estate portfolio, so don't be the last to call !

Motivated Seller looking for offers!

Features

Air Conditioning

Balcony

Built In Robes

Floorboards

Workshop

Location

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