DUTTON PARK WINNER = 810 sqm LMD land + a 5 units freehold building

DUTTON PARK WINNER = 810 sqm LMD land + a 5 units freehold building

Looking for something special? Here you go! This property has endless potential, not only from the land but also from the building!

• An unbeatable beautiful 810 sqm LMD has the ability to accommodate any kind of mixture of townhouses and units up to 3 levels, STCA.
• The land has the ability for a land subdivision to 2 x 405 sqm lots, STCA of course.
• The uncertified value of this land is $850k in 2017-2018 financial year.

Also, the building features:
• One 4 bedroom unit that has the ability for a rental return at $470/w
• Four 1 bedroom units which have the ability for a rental return at 4 x $190/w=$760/w
• Weekly rental income would be $1230/w, ~$64k/year, subject to unit vacancy and rent adjustment.
• 5 bathrooms in total.
• Reasonable local city council rate and water consumption cost. Please contact listing agent for the confidential information.

This property is located in a very convenient location: walking distance from local parks, Brisbane river, buses, schools and local shops.
Note: All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.