‘Ninth Views’ represents a rare opportunity in the current market to purchase an entire block of 4 units in one of Brisbane’s most desirable suburbs.
30 Ninth Avenue is a small block of 4 units (3x2 Bed, 1 Bath \ 1x1 Bed, 1 Bath) located on an elevated and quiet street with full city views in the heart of Coorparoo.
Returning approx. $75,000.00 per annum*, investors looking for an alternate income stream will be drawn to this property that provides both cashflow and capital growth.
Developers will see enormous potential from the 809m2 allotment (20m frontage) zoned LMR2 with striking city views, with options to retain and renovate the existing property, knock down and build new apartments or subdivide and build 2 new homes (STCA).
*Income from 3x current rental properties and projected income from 1x owner occupied property.
Going to Auction on the 5th June at 1pm On-Site (If not sold prior)
Please contact Stefan to request an information pack on the property.