Sold for $1,950,000
Sold for $1,950,00039 Denman Street, Greenslopes QLD 4120
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Property was sold on 25 September 2021.
Sold on 25 September 2021.
10 beds
5 baths
6 cars
Block of Units
819m²
10
5
6
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Block of Units
819m²
Auction Location: On - Site Sitting on 819m2, this dual-access block of five units presents a ready-made investment or opportunity to develop a prime LMR site in high-growth Greenslopes*. Situated metres from Greenslopes Hospital and Mall, the land parcel boasts dual access with a driveway fronting Mount Street. The north-south oriented block currently accommodates 5 separate units yielding $1,510 per week. Options for the property include: - Enjoying the immediate and secure investment offered by the fully tenanted premises - Removing the existing building to construct one or two new luxury homes capitalising on the prime location.* Unit 1 - 1 bed 1 bath $240 Unit 2 - 2 bed 1 bath $305 Unit 3 - 2 bed 1 bath $310 Unit 4 - 2 bed 1 bath - Vacant Unit 5 - 2 bed + study 1 bath $340 Garaging for 6 vehicles Communal laundries and gardens. Gross Rental Income $79,820 per annum approximately Rates $1,704.39 per quarter excl. sewer / water Building Insurance $2,920.28 per annum approx. Just 5km from the CBD, and an easy walk to local shops, cafes, schools and parkland, this address is also moments from excellent bus links and the South-East Freeway, with swift access to vibrant lifestyle precincts including Coorparoo Square with its cinemas, bars and fine restaurants. *Subject to Brisbane City Council Approval Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.