1 Explorer Street, Toowong QLD 4066

Tidy row of FOUR tenanted flats to add to portfolio

House Sold - Toowong QLD

Offering a total of four residences, this ready-made investment property presents an exciting opportunity to invest in Brisbane’s burgeoning rental market. The prime location is a short walk from Toowong Village, cafes, eateries, Anzac Park and city transport, while the University of Queensland is within easy reach.

Situated on sunny 642sqm corner block in leafy neighbourhood
Practical single level flats constructed during the 1950s
Each flat (approx 51sqm each) are configured to provide open plan living/dining area
Interiors bathed in natural light include polished floorboards
Wide windows and banks of glass louvres maximise air flow
Neutral décor, ceiling fans, integrated shelving for storage
Well-lit kitchen with gas/electric cooking and tidy cabinetry
Layout offers two good sized bedrooms plus spacious bathroom
Rear door to directly access common pathway at back of block
Tenanted, currently attracting $1,806 per week rental return
(Current market rental assessment is $2,100 per week)
Features individual gas, electricity and hot water meters
Separate laundry facilities, allocated undercover car spaces
The building can be removed, as not in character overlay

Rarely available and highly sought-after, the chance to acquire four dwellings so close to the CBD deserves your immediate attention. There’s scope to makeover and undertake further improvements in the future to realise the property’s full potential.