Land/Development for Sale

1-5/20 Musgrave Terrace Alderley, QLD 4051

Offers over $2,550,000Play Video
  • Land: 1,012m² (0.25 acres)

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Land/Development for Sale in Alderley

Block of 5 x 3 Bedroom Multi-level Townhouses - Immaculately Kept

  • Land: 1,012m² (0.25 acres)

Positioned high on the hill on 1012m2, capturing cooling breezes and suburban views, this well cared-for complex of townhouses presents a rare opportunity for astute investors. Currently tenanted with healthy returns and the convenient location the complex is in, make these properties attractive to prospective tenants when vacant.

Current fully occupied/tenanted gross return of $2235 per week.

Having been recently re-painted, the townhouses are all very well presented inside & out, and boast versatile floor-plans and contemporary and tasteful colour schemes. Each townhouse features spacious air-conditioned living, kitchen and dining areas, and all have balconies which take in great breezes and views all year round; this quality complex will not last long on the market!

Each townhouse features:
*3 generous built-in bedrooms
*Master bedroom with ensuite and air-conditioning
*Quality bathrooms with floor-to-ceiling tiling and stone tops to vanities
*Breezy balconies with views
*Open plan kitchen, dining and meals areas with quality tiling
*Kitchens with granite bench-tops and S/S appliances
*Private courtyard areas
*Remote lock-up garages with internal access
(3 have double remote lock-ups and 2 have single remote lock-ups)
*Visitor's parking available

Positioned on a prime elevated 1012m2 block of land, with all of the must-have conveniences within easy reach. The owner's are looking for a quick sale and have priced the complex accordingly. Early enquiries are strongly recommended to avoid disappointment.

RETURNS:
UNIT 1 - Rented for $460 per week
UNIT 2 - Rented for $460 per week
UNIT 3 - Rented for $445 per week
UNIT 4 - Rented for $450 per week
UNIT 5 - Rented for $420 per week

BODY CORP FEES: Approximately $625 per Quarter

PHONE CINDY McGRATH OF RAY WHITE CHERMSIDE FOR VIEWINGS AND FURTHER DETAILS ON 0407 639 561.

Land:

1,012m² / 0.25 acres

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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