7 Ashfield Street, East Brisbane

An entire block of flats for auction as one title on a fantastic 840m2 block, an investors dream. This is a deceased estate and absolutely must be sold at auction, with no offers prior to. Start your portfolio here and reap the returns for years to come. Invest in a refurb and watch the returns increase! Returning a solid rental of $50K per annum currently, the figures stack up here and investors should take the opportunity to consider their options.

Complete your own research and start your list, revamp the current block and increase the returns, demolish and rebuild brand new contemporary homes or enhance the sprawling flat 840m2 with a single residence of your dreams in one of the city’s most sought after locations. (All subject to BCC approval)

The solid brick complex currently consists of 2 x two bedroom / one bath / one car units and 2 x 1 bedroom / 1 bathroom / 1 car units. All are currently tenanted with long term tenants.

Set within the coveted “Churchie” precinct, with Anglican Church Grammar School just moments away, bus stops and the city cat walking distance, 2km to the CBD and South Brisbane, this position is well regarded as one of the city’s best and the lifestyle afforded by securing property here should not be overlooked.