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Block of Units for Sale in St George, QLD164 VICTORIA St

164 VICTORIA Street, St George, QLD 4487
164 VICTORIA StreetSt George QLD 4487 AUS
-28.039954 148.576244
$295,000
4 Beds
3 Baths
4 Parking
  • Land area 1 acres / 4047 sqm
  • Car Ports 4

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3 Self Contained Units + Proposed Subdivision

Property ID 1470212
"Victoria Cottage" - Three unit timber complex consisting of 2 x 1 bedroom units and 1 x 2 bedroom unit. Each unit is self- contained ie includes fridge/freezer, washing machine, beds etc. Other features include:

- Freshly painted exterior and unit 1 interior
- Carport accommodation for each unit
- Small shed in back yard for storage
- Good fencing around complex.

This package also consists of an area of land 2433m2 in size at the rear of the units. Plans for subdividing have begun - see proposed subdivision plan. Access to this land would be via Hill Street.

Even in the current tough times, the rental return per week is $650/week. This represents a very sound return on investment.