Located within 450m walk of Newmarket shopping village, a 25 minute walk to QUT Kelvin Grove campus and a short drive to Victoria Park golf complex and Royal Brisbane Hospital. Located only 4.4km from Brisbane CBD which is accessible by train from Newmarket train station located 1km from the premises. 4 flats on one title offer a great opportunity for the savvy investor. Whether this be a long term hold for you or a potential development opportunity (STCC) the potential is evident. 3 of the self contained flats are 1 bedroom, 1 bathroom with a good size living area and own kitchen The remaining flat is 2 bed, 1 bath with a generous kitchen and lounge room. Each has a balcony area and access to the communal gardens. Underneath is parking and laundry facilities. Currently tenanted: Unit 1 $295 a week Unit 2 $220 per week Unit 3 $260 a week Unit 4 $245 per week What are the options? 1) Continue to lease as is with a return of $53,040 per annum 2) Renovate the flats and increase the rent 3) Demolish and redevelop (STCC)