Sold for $2,810,000
Sold for $2,810,00010 Colton Street, Highgate Hill QLD 4101
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Property was sold on 14 September 2022.
Sold on 14 September 2022.
18 beds
9 baths
9 cars
Block of Units
809m²
18
9
9
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Block of Units
809m²
Expressions of Interest - Closing 16th August 2022! Come and inspect this very rare opportunity to buy an un-strata titled whole block of solid brick flats on medium density zoning land, high on the hill in a leafy Highgate Hill position. The property provides a stable proven cash flow with long term tenants, has great layout and dimensions, plenty of natural light and cross ventilation, and is the perfect blank canvas for a savvy investor to renovate and add value. Features include: - 9 x 2 bedroom 1 bathroom 1 car units - Neat and tidy inside with scope for renovation - Long open plan living areas - Separate kitchen with plenty of cupboard space - Main bedroom with built-ins - North-facing balconies - Large bathrooms with internal laundry - Separate toilets - Currently rented at around $150,000 with scope to increase to $190,000pa with renovation - Landscaped low maintenance block The apartment complex is in an attractive position just down from Dornoch Tce. There are luxury apartments being built nearby commanding impressive prices. It is a short walk to bus, Citycat, parkland and popular local restaurants and shops. It’s also within the Brisbane State High School catchment. Buy, maximise, hold! Strata-title and sell off! Investigate development options! Properties like this don’t come up often, be quick.