Prime investment/development opportunity here!

112 White Street, Graceville, 4075

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795,000 AUDEst. Mortgage: AUD 5,586/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 610 sqft
  • Bedrooms 6
  • Bathrooms 3
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 3

Property Overview

Wanting a good return on investment? Looking for that exclusive block of land? The choice is yours…

Only a leisurely stroll from riverfront parklands, this 610sqm north-facing property will capture the attention of astute investors, buyers and families wanting to create their dream home. Currently housing three units that are rented until May 2022, this brilliant offering currently delivers $730 per week and is full of potential.

Ready for renovations, to be enjoyed as is or demolished to build the ultimate sanctuary, the property will not disappoint. There is also the option to secure now in this sought-after location and hold for future growth.

The existing brick complex is currently comprised of three two-bedroom apartments. Each encompasses an open-plan living and dining area, as well as an adjoining kitchen and a connecting patio. All three residences also boast two sizeable bedrooms and a well-appointed main bathroom.

Completing the complex is a functional shared laundry and off-street parking for three cars.

Backing onto leafy council land and the Faulkner Graceville Dog Park, this fantastic property is also minutes from popular riverwalks and cherished cafes. The Graceville Community Garden and Giraween Park's playgrounds are also just streets away, making this property an attractive option for families and those wanting to live within a friendly community.

Also nearby is the Graceville train station, the Sherwood Arboretum and a multitude of shops and dining options. Indooroopilly Shopping Centre, the Queensland Tennis Centre and the Brisbane Golf Club are also in the area, while Brisbane's CBD is 11 kilometres away.

Falling within the Graceville State School and Corinda State High School catchment areas, this remarkable offering is also a short drive to UQ's Saint Lucia campus is also easily accessible. Do not miss this exciting opportunity – call to arrange an inspection today.

Location on Google Map

112 White Street, Graceville, 4075

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