PRD Nundah 1162 Sandgate Road Nundah, Qld, 4012 07 3266 5166
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1-4/16 Sapsford Street NORTHGATE 1
1-4/16 Sapsford Street NORTHGATE 2
1-4/16 Sapsford Street NORTHGATE 3
1-4/16 Sapsford Street NORTHGATE 4
1-4/16 Sapsford Street NORTHGATE 5
1-4/16 Sapsford Street NORTHGATE 6
1-4/16 Sapsford Street NORTHGATE 7
1-4/16 Sapsford Street NORTHGATE 8

1-4 / 16 Sapsford Street
northgate
QLD, 4013

SOLD
listing rooms 8
listing bathrooms 4
listing parking 4
Land: 607 sqm
Brochure button

NORTHGATE BLOCK OF 4 BRICK STRATA TITLED 2 BEDROOM UNITS

A fantastic opportunity to purchase a readymade portfolio in a great street of Northgate with this complex of 4 Strata Titled 2-bedroom units, the last time this complex went to the market was 34 years ago so don't hesitate!!!
Unit 1 is a ground floor.
Units 2, 3 & 4 are across the top of unit 1 and the garages, all units have individual lock up garages and laundry combo's.
The complex is well maintained, modern kitchens, and tidy bathrooms.
All units are currently leased into 2023, gross weekly income is $1,230 ($63,960 pa approx.), with plenty of room for growth. DA available for future renovations and value add additions.
https://developmenti.brisbane.qld.gov.au/Home/FilterDirect?filters=DANumber=A006129608
Situated on a flat 607sqm block overlooking Sapsford Street Park
Zoning: LMR2 - LOW MEDIUM DENSITY RESIDENTIAL.
This would be a fantastic portfolio builder or super nest egg.
No Body Corp Fees.
This property is a walk in ready to go investment.
The Complex.
• 4 x 2 Bedrooms
• Modern kitchens and bathrooms throughout
• 4 extra-large single lock up garages with laundry combo's
• Fully Tenanted- All Lease into 2023
• Returning $63,960 pa gross approx.. plenty room to grow. DA for future reno's & value add.
• 607sqm flat block
• BCC Rates $1,800.80 per ¼ approx..
• Urban Utilities $1,186.52 per ¼ approx..
• All Smoke Alarm Compliant and on service subscription.
• All individually metered except for water
• Cmty Gas Hot Water System
Location;
• Easy access to Bus and Main Line Train- Northgate Station
• Walk to the ever growing and ever popular Nundah Village
• Only minutes to Multiple Schools, Gateway and Brisbane Airport.
Fast Facts;
• BCC Rates $1,744 per ¼
• Urban Water $ 1,614 per ¼
Contact Peter Tornabene on 0412 879 136 to inspect your future.

Agents

Nearby Schools

About northgate

median house price

510000

suburb growth

4.7%

median house rent

540

suburb rental yield

5.5%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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