3 Henry St Redcliffe, QLD 4020

85
Property Features
  • Block Of Units
  • 8 bed
  • 5 bath
  • Land is 708.000 m²

Awesome 5.9% Investment, Beachside Flats Making $56,000 / Year

Block Of Units - Redcliffe QLD

Secure your future now, with this must-see opportunity for the well financed investor or super fund. Total weekly income of $1,085 or $56,420 per year representing a 5.9% return. Opportunity’s to renovate and increase rent, or even redevelop within the same building footprint with a new block of flats. Also 6 story unit development options. The owner has had advice the site would accommodate a 20-unit building.

– 5 Registered Flats

– 708m block zoned for 6 story unit development.

– 3km to the new train station

– 175m to shopping centre

– 350m to beaches

– Part vendor finance options are available

Unit 1 $225 /week

Unit 2 $225 /week

Unit 3 $225 /week

Unit 4 $205 /week

Unit 5 $205 /week

Council rates $1,903 per quarter

Water rates $1,643 per quarter

We do not expect a rare opportunity in such a location to last. Be Quick!

Property Code: 504

  • Transit
[addtoany]
John Beal
Principal - Real Estate Specialist
07 3284 2444

  • Call one of the team today

    to experience professional real estate.
  • 07 3284 2444

The local scenery

  • gallery-01
  • gallery-02
  • JBRE-10 Scarborough Park 1
  • JBRE-11 Scarborough Park 2
  • JBRE-19 Margate Beach 2
  • JBRE-20 Margate Beach 3
  • JBRE-39 Suttons Beach 12
  • JBRE-jettyair2
  • JBRE-Scarborough Point 03
  • JBRE-Seaview Sunset

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