Introducing an exceptional chance to invest or develop in the thriving community of Northgate! We are thrilled to present two strategically positioned blocks totalling 1,183sqm offering an incredible investment and / or future development opportunity.
Nestled in the heart of Northgate, these two blocks enjoy a prime location with easy access to key amenities, public transport, schools, and recreational facilities. These blocks offer scope to either retain as a rental investment or explore the potential for development.
Northgate is experiencing steady growth, making it an attractive investment opportunity. The demand for well-located properties in this area is on the rise, ensuring a promising return on investment. Benefit from the existing infrastructure and excellent connectivity that Northgate provides. Proximity to major roads, public transportation hubs, schools, parks, dining, shopping (Nundah Village and Westfield Chermside) and essential services ensures convenience for residents and potential customers.
Each block offers a post war home, currently arranged as 2 separate rental units. The breakdown of these units and rental income is as follows:
24 Oates Parade (483sqm block / circa $800/wk total rental)
Unit 1: 2 bed /1 bath / 1 car (shared carport)
Unit 2: 2 bed / 1 bath / 1 car (shared carport)
26 Oates Parade (700sqm block / circa $900/wk total rent)
Unit A: 26A: 2 bed / 1 bath / 2 car (double carport)
Unit B: 3 bed / 2 bath / 2 car (double carport)
Whether you're a seasoned investor looking to add valuable assets to your portfolio or a visionary developer ready to make a mark on Northgate, these two well-positioned blocks must be considered. Contact us at your earliest convenience to discuss further.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.