A great opportunity to put your own touch on this huge house in Wooloowin. Located on two blocks zoned Res B R4 the property is currently split into existing flats. Hold, develop or renovate STCA. Located in a leafy quiet street yet only minutes from transport and all amenities. Offered for sale for the first time in 20 years this is opportunity not to be missed.
758m2 Residential B R4
2 x 379m2 Blocks with 10.1m frontages
6 flats fully tenanted
Gross income of $103,000 per annum.
Opportunity to refurbish and improve the income stream.
Easy walk to Wooloowin Station and an easy commute to the CBD
Eagle Junction SS Catchment
Can be offered as a 3 bedroom residence (flat 1) with separate flats which will provide the buyer with a residence and $6,000 per month income.
Wooloowin is an exclusive inner city suburb and is only 7km from the city. Walk to the Wooloowin train station or jump in the car for easy access to the Airport Link Tunnel, Sandgate Road and Lutwyche Road. This definitely is an investment for the future.
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