This block of apartments have to be the best valued block in Brisbane. Located in a blue chip suburb, the block is surrounded by prestigious homes and is close to public transport and the CBD. The rent could cover your interest payments ( depending on your current bank rate ).

The block comprises :

* 5 x brick & tiled brick flats (4 x 1 bedroom and 1 x 2 bedroom)
* All tenanted with an income of $63,180 per annum ( possible increases in the short term )
* Under cover car parking for each flat
* Ample storage facilities - massive room underneath currently not being utilised
* 809m2 LMR block of prime land
* Walking distance to to schools and restaurants
* Opportunity to buy the site next door at 56 Nelson St (original Queenslander - 809m2 LMR site - also for sale at $720,000) making a massive combined site of 1618m2 of LMR which would provide a myriad of exciting opportunities !!!

Call Matt 0416 472 377 to arrange an inspection.