Offers Over $899,000

BLOCK OF 4 UNITS ON 1 TITLE RETURNING $59,280PA

Here is an opportunity that doesn't come along too often... An entire block of units, on 1 title, over 1,000m2 of land, walking distance to all imaginable amenities and under 30 minutes to Brisbane City. 35 Fryar Road, consists of 4, 2 bedroom, 1 bathroom units, split over 2 levels, with individual garages and individual internal laundry's within each unit. The individual units have been maintained and updated over the years between tenancies. Updates include paint, new carpets, electrical and more; this property has been a pride an joy for nearly 20 years for the current owners, all maintenance has been kept up to date and on top of. All units are rented out for $285/week each, on fix term leases with some tenants being long term for several years. There is also future development potential on the land as council would potentially allow for an additional two, 2 bedroom units on this sized land (STCA). Furthermore, all the units include furniture, such as fridges, washing machines, beds, and various other items such as, bed side tables, lounges, TV units, coffee tables, desks and more. A full list of of furniture is available upon request. 

-      Brick and tile construction
-      Flood free
-      4x 2 bed, 1 bath, 1 car garage units
-      1,017m2 block
-      Constructed roughly in 1982
-      All units rented for $285/week on 6 or 12 month leases with full rental history available
-      Some tenants have been there for several years
-      Last quarterly Logan City Council rates were $2,096.76 inc. water
-      Property has chemical termite barrier with annual inspections
-      4x individual garages
-      Ceiling fans in bedrooms
-      Colourbond fences on the left and rear of the property

You could not ask for a better location, 35 Fryar road is located only 650m from Beenleigh Marketplace, that includes, Woolworth, Banks, Medical Centres, Big W, coffee shops and much more; just behind Beenleigh Marketplace is Beenleigh train station, from here you can catch a train direct to Brisbane City or the Gold Coast, and only 150m away from the property is the nearest bus stop. Just over a kilometre the other direction on Fryar Road is Eagleby Shopping Plaza, this includes banks, super markets, coffee shops, chemists and much more. 

Within a 2 kilometre radius of the property you will find:     

-      Beenleigh train station
-      Beenleigh Market Place
-      Beenleigh CBD
-      Eagleby South State School
-      Trinity College
-      Beenleigh State School
-      Beenleigh State High School
-      Several parks

For further information or to arrange a private inspection, please don’t hesitate to get in touch.



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