Un-strata Titled Whole 21 Unit Building!

Situated in highly sought-after Mount Gravatt East; this incredibly stylish building is only 4 years old. With stunning views of Mount Gravatt Mountain, this contemporary boutique complex of 21 and is designed to complement our relaxed Queensland lifestyle. With a strong rental return, and due to being un-strata-titled has incredibly low outgoings, this is a an unbelievable earner.<br/><br/>Situated on a prime 1191m2 block with an elevated position, it has commanding views to the South, West and stunning Eastern mountain-views for the rear units. This is a once in a lifetime opportunity to build a significant portfolio without the costs and time associated with doing a development from start to finish. <br/><br/>Only 4 years old and spanning 4 levels, the property features 21 individually tenanted 2 bed units, 14 with 2 baths (main + ensuite), and 7 with 1 bath (main + water closet ensuite). For a total of 42 beds, 35 baths, 7 water closets ensuites, 21 allocated car spaces, plus additional visitor and handicapped parking.<br/><br/>*Photos and Floorplan are of Unit 20 as at 13/03/2022. <br/>*Full unit configuration and list of income and outgoings available upon request.<br/>*realestate.com.au allows only 30 bedrooms and 20 bathrooms maximum to be advertised. Note that the property features a total of 42 bedrooms, 35 bathrooms, plus 7 water closet ensuites.<br/><br/>Features include:<br/>• Entire complex consisting of 21 apartments across 4 levels on 1191m2<br/>• Only 4 years old <br/>• Elevated Position with Stunning Mountain Views<br/>• 42 bed, 35 bath, 7 water closet ensuites, and 21 car in total<br/>• Gross rental income: $416,780 per annum<br/>• 3 visitor parking spaces plus 2 disabled spaces<br/><br/>Mount Gravatt East is only 8km from Brisbane's CBD and is surrounded by some of Brisbane's top schools. This property is in handy proximity to Mt Gravatt Plaza and Mt Gravatt Central, as well as having multiple bus routes within close proximity.<br/><br/>https://www.reval.com.au/29-raffles-street-mount-gravatt-east-qld-4122