Freehold Block Of Flats. 625sqm Land Area. Fully Leased. LMR2 Zoning.
LJ Hooker Commercial are proud to present 351 Ipswich Road, Annerley, to the market for Immediate sale. The sellers have provided clear instructions to sell via Offers to Purchase.
* 3 Flats. 2 x 2 bedroom and 1 x 1 bedroom.
* Fully leased to long standing tenants.
* Current Gross Income: $48,880 p.a. + GST.
* Prime 625sqm Freehold Land.
* LMR2. Low-medium residential (2-3 Storey mix) Zoning.
* Substantial re-development potential subject to council approval.
* Individual kitchens, bathrooms, multiple access points throughout.
* Common downstairs laundry.
* Clean & Tidy Site.
* Solid income and future growth.
* Contact Exclusive Agents Manoli Nicolas on 0400 082 170 or Tasmin Colquhoun on 0450 827 646 for inspection today.
PRICE: Offers to Purchase
LAND AREA: 625 sqm