15 Westerham Street, Taringa
Sold for $ 1,080,000
Development/Investment 911m2 - By Appointment Other - Property ID: 802229
No Body Corporate Fees, All on one title.
This is your opportunity to secure this inner west investment or development opportunity with a block of 4 flats in Taringa the potential for long term investment is endless.
With such a central location you cannot go wrong - bus at the door, train a 10 min walk, close to schools and University of Queensland, Toowong Village, Indooroopilly Shoppingtown and just 4 km to the city.
Potentially undervalued as a rental property, this block has significant possibilities for rental increases with refurbishment /or redevelopment for an even greater investment return.
Property Comprises of:
2 x 2 bedroom, one bathroom flats: 2 x 1 bedroom one bathroom flats. Individual gas meters
Land size: 911 m2
Zoning; LMR (BR4)
RPD: Lot 7 RP107324
Current Rental approx. $35,360.00 pa
*There are no photographs of the inside of the flats as they are in poor condition. With minor renovations your rental return could be a lot greater.
Also, remember you are buying a rare opportunity with potential and position.