Block Of Unites With Great Rental Income on 832m2 Of Kedron Avenues Land!

122 Leckie Road, Kedron, 4031

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Contact for PriceFor Sale
  • Ownership Type Apartment
  • Property Area 832 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 4

Property Overview

122 Leckie Road, Kedron is the perfect opportunity for you to add an absolute gem to your investment portfolio with high rental income and great growth potential over the coming years!

Located on the sought after Kedron Avenues and directly across the road from Kedron State School this building sits on top of 832m2 of prime Low-Medium Residential land and consists of 4 x 2 bedroom, 1 bathroom, 1 car apartments which are all individually titled.

The total annual rental income is $58,760 and the building is not currently strata'd so there is no body corp out goings and minimal maintenance costs which presents an opportunity to land bank in a high growth area while enjoying the benefits of strong positive cashflow!

Property Features:

- Built in 1974. Brick construction.
- 4 x 2 bedroom, 1 bathroom, 1 car apartments
- All individually tenanted and all with their own individual titles
- 832m2 of flat use-able LMR2 zoned land
- Very strong rental return and cash flow

Location Features:
- Located within the sought after Kedron Avenues
- Across the road from Kedron State School
- 10 minutes to CBD and Brisbane Airport
- 5 minutes to Chermside Westfield
- Walking distance to public transport
- Walking distance to Kedron Brook Parklands

Location on Google Map

122 Leckie Road, Kedron, 4031

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