Unmissable Investment or Development Opportunity

"Capri" is a classic block of 4 units within one of Brisbane's most convenient suburbs. This is a rare investment opportunity only moments from the vibrant Stones Corner precinct, numerous public transport options and Brisbane's major hospital corridor (Greenslopes Hospital, Princess Alexandra Hospital and Mater Private and Children's Hospital). Affordable rental properties in this area are always in high demand!<br/><br/>Developers, we are sure this one will pique your interest; offering a generous 809m2 allotment, wide frontage and an elevated position that could potentially capture city views! Not ready to build just yet? This address can be profitably held until you're ready to break ground on the new project!<br/><br/>Unit Breakdown:<br/>• Unit 1 - leased until March 2022 ($335 per week)<br/>• Unit 2 - leased until October 2021 ($280 per week)<br/>• Unit 3 - leased until November 2021 ($280 per week)<br/>• Unit 4 - leased until June 2022 ($275 per week)<br/><br/>On-Site Facilities:<br/>• Ground floor includes a common area, storeroom and communal laundry room<br/>• 4 x car garages, each accommodating up to two vehicles<br/><br/>Other Key Information:<br/>• The gross income is currently $62,660 p.a. with scope to significantly improve! <br/>• Council rates $1,541.13 per qtr. excl. sewer/water<br/>• No body corporate fees!<br/><br/>Greenslopes provides an exceptionally convenient lifestyle with everything right on your doorstep. These units are less than 500m from amenities, cafes, Greenslopes Mall and Greenslopes Private Hospital. It's thoroughly serviced by the SE busway, Buranda station, the M1 and is nearby the SE Fwy Bikeway - which goes direct to Greenslopes Hospital! It is also just a short walk from Greenslopes State School, Thompson Estate Reserve and Stones Corner Village. It's also moments from renowned private schools, including Loreto, Villanova and Our Lady of Mt Carmel, and just 7km to the CBD.<br/><br/>This property offers outstanding investment and development potential - don't miss your chance and enquire today!