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Block of Units for Sale

Fairfield QLD 4103

Best Offers By 23rd January
  • 4 Beds
  • 4 Baths
  • 3 Cars

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Fairfield, QLD 4103

Block of Units for Sale in Fairfield

Inner City Investment - Returning $89,000 p/a

  • 4 Beds
  • 4 Baths
  • 3 Cars

Presenting a rare and rewarding opportunity to secure a solid doubleÃ?¢€'brick and tile block of flats in tightly held Fairfield, positioned less than 4km from the Brisbane CBD. PurposeÃ?¢€'built for longÃ?¢€'term performance, this lowÃ?¢€'maintenance asset is ideal for the astute investor
seeking a stable, locationÃ?¢€'driven addition to their portfolio.

Held under a single title, the property comprises four wellÃ?¢€'maintained oneÃ?¢€'bedroom flats, each occupied by longÃ?¢€'term tenants on fixed 12Ã?¢€'month leases. With consistently strong rental demand and nearÃ?¢€'zero vacancy rates, this cityÃ?¢€'fringe investment delivers immediate
income security in a proven growth corridor.

Generating approximately $89,120 in annual rental return, the property also offers scope for valueÃ?¢€'add upgrades to further enhance yield. The generous 685m² allotment includes a sizeable unused yard area, presenting potential for additional improvements or strategic
future planning (STCA).

Key Features
• Solid doubleÃ?¢€'brick and tile construction
• Four x 1Ã?¢€'bedroom flats held under a single title
• Strong annual rental return of approx. $89,120
• LongÃ?¢€'term tenants on fixed 12Ã?¢€'month leases
• NearÃ?¢€'zero vacancy rates in a highÃ?¢€'demand rental pocket
• 685m² allotment with unused yard offering valueÃ?¢€'add potential (STCA)
• Less than 4km from the Brisbane CBD
• Only 700m to Fairfield shopping precinct, cafés, restaurants and medical services
• Public transport access directly out front
• LowÃ?¢€'maintenance, setÃ?¢€'andÃ?¢€'forget investment
• FloodÃ?¢€'free during major events in 2022, 2011 and 1974
• Ideal for investors seeking immediate returns with future uplift potential

Perfectly positioned just 700m from the Fairfield shopping precinct, residents enjoy effortless access to cafés, restaurants, medical services, specialty retail and an extensive public transport network right at the doorstep. The property has also remained floodÃ?¢€'free during Brisbane's major flood events of 2022, 2011 and 1974, reinforcing its longÃ?¢€'term stability. A locationÃ?¢€'perfect, lowÃ?¢€'maintenance investment delivering immediate returns with future upside, an ideal acquisition for any discerning portfolio.

Please contact Steve Landeta for a copy of the information summary

Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.

Land:

685m² / 0.17 acres

Parking:

3 garage spaces

Bedrooms:

4

Bathrooms:

4

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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