1-3/111 Grosvenor Street, Morningside

An exceptional offering this block of three new renovated apartments sits on a prime 607m2 position and will appeal to savvy buyers seeking a quality property with strong return and potential for future growth.

Made up of three renovated units, all currently tenanted, this property provides a combined rental and storage income of $1,195 per week or $62,140 per annum, with no body corporate or body corporate fees.

Each unit captures natural light and refreshing breezes from the elevated position and have been updated for a fresh look. Adorned with polished timber flooring and neutral tones throughout, the floorplan takes advantage of effortless living with seamless transitions from kitchen to lounge zones.

Two balconies provide alfresco breakaway spaces. The front balcony of the front unit enjoys suburban views and the rear

unit’s deck overlooks the backyard with city glimpses.

There is potential for further value adding to the existing residence, with the option to extend the building for another unit, all framed by low maintenance gardens.

This property features premium additions including perimeter sensor lights, security doors and windows grills, ample storage, ground floor laundry and garage parking for up to three vehicles with more available off-street.

If you are looking for your next investment with strong rental returns and capital value growth all in one of Brisbane’s best inner-city enclaves, opportunities of this calibre don’t last long. Located on a popular street within the highly sought-after Morningside pocket, this residence is close to local shops and public transport options.