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Block of Units

108 Allen Street Hamilton, QLD 4007

Sold on 23 Jul 2020Floorplan
  • 11 Beds
  • 6 Baths
  • 6 Cars
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108 Allen Street, Hamilton, QLD 4007

Block of Units in Hamilton

Block of 6 Strata Units Situated on 832m² Blue Chip Hamilton Allotment

  • 11 Beds
  • 6 Baths
  • 6 Cars

A unique offering of brick construction complex on 832m2 of prime Hamilton. Comprising of 6 strata titled units, offering the potential to modernise units and further increase investment return. This could be the jewel in your property portfolio.

Apartment Information as follows:

UNIT 1 2 Bed 1 Bath 1 Car $310 pw

UNIT 2 2 Bed 1 Bath 1 Car $290 pw

UNIT 3 2 Bed 1 Bath 1 Car $330 pw

UNIT 4 2 Bed 1 Bath 1 Car $315 pw

UNIT 5 2 Bed 1 Bath 1 Car $300 pw

UNIT 6 1 Bed 1 Bath 1 Car $265 pw

Gross weekly rental income = $1,810
Gross yearly rental income = $94,120

Currently returning a gross income of $94,120 p.a. this block presents a wonderful investment opportunity.

This conveniently positioned property is close to all the necessary amenities, Allen St is situated in Brisbane's inner-north in the prestigious suburb of Hamilton, just 6.9km from the CBD and nearby to many major infrastructure upgrades including the Portside Precinct and Kingsford Smith Drive.

Features Include:

  • Quick and easy access to both the City and the Airport
  • Property in good condition with limited upkeep
  • Minimal spend to further improve rental yield
  • Located next to bus stops and close to city cat ferry and train services.
  • Ideal for land bank or Superfund

This fantastic property has been owned by only one family and is now a surplus to their requirements and will be sold.

Own your own unit block in Brisbane's elite suburb of Hamilton.

For further information please contact the team for an Information Memorandum.

Property Disclaimer
We have made our best endeavors to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research. The agent will respond within 24 Hours to all inquiries

Features:
  • Air Conditioning
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
  • Secure Parking
  • Terrace/Balcony
Land:

832m² / 0.2 acres

Parking:

6 garage spaces

Bedrooms:

11

Bathrooms:

6