Deceased Estate Auction – Rare Investment Opportunity - Entire 4 Unit Solid Brick Complex

  • 8 Bed
  • 4 Bath
  • Jason Adcock
    Prestige Property Specialist
    0418 727 788

    38 Julia Street, Wavell Heights QLD 4012

    Auction Location: Onsite.

    As rare as they come, this fully tenanted complex consisting of separately titled 4 x 2 bedroom, 1 bathroom plus 1 car apartments, realises an annual rental return of $61,620 and is being sold as one combined lot. For the astute investor, this outstanding opportunity has just presented itself to the market and will be in high demand.

    Timeless, solid as a rock construction of unit blocks such as this are always popular with tenants, offering much larger dimensions and greater storage than most of their modern counterparts.

    With two apartments per level and secure garaging, the quiet street location is ideal, centrally positioned between the bustling shopping hubs of Nundah Village, Toombul Shopping Centre and Westfield Chermside.

    Accessed by a flight of stairs, and keeping maintenance expenses low, each apartment is awash with natural light, featuring generous open plan living and dining areas that flow to a tiled east facing balcony that welcomes refreshing afternoon sea breezes.

    Kitchens boast a gas stove, and three of the four units have received a modern refresh with sleek cabinetry providing plentiful storage, a double door pantry and large fridge space.

    The two very spacious carpeted bedrooms have built-in wardrobes, and the shared bathroom has a shower over bath combination.

    Private laundry facilities are located on the ground level within each oversized garage, a separate door leading to the grassed grounds and drying area. The ability to store bicycles, for use along the nearby Kedron Brook Bikeway network, and other necessary items with ease, makes this additional practical storage space a welcome bonus for prospective tenants.

    Major arterial thoroughfares, including Sandgate Road, Gateway Motorway and the Airport Link Tunnel are nearby for effortless commuting across Brisbane. Northgate and Nundah train stations are within walking or cycling distance and bus stops are located close by.

    Tenancy information relating to each individual apartment is available upon request.

    Sold $1,470,000

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