This is an ideal purchase for the astute investor or homeowner seeking an income-producing property. You cannot find a better-positioned property in the area than this one. It's located right next to Sandgate shopping, a short stroll to the waterfront, and the trains/bus terminal. This presents an exceptional and enduring opportunity. The property features: 4 x 1-bedroom flats. 4 x 1-bedroom flats are currently fully tenanted @ $290per week and one at $350per week. The property sits on a 539 sqm lot with a 13.6m frontage. The property is close to all that you need: - One door down from the Town Centre which offers Supermarkets, post offices, retail outlets, restaurants, cafes & bars. - 250m stroll to the beachfront where there is an abundance of activity such as kayaking, stand up paddle boarding, kite surfing, fishing, restaurants and cafes, and Aquatic Centre. · 280m to Sacred Heart Parish, Sacred Heart Primary School or 300m to Sandgate State Primary School, 2km ride along the waterfront to St Patrick's College, and 2.3km ride to Sandgate High School. ·500 km walk to Sandgate Train & Bus Station (30mins to Brisbane CBD) Sandgate also offers easy access to the airport, Gold Coast and Sunshine Coast highways. Enquiry for further information.