WHOLE BLOCK OF 8 UNITS | ELEVATED 1,090M²* SITE ZONED LMR

• Whole cavity brick block of 8 x 2 bedroom, 1 bathroom units each with dual access lock up garages & private laundry areas
• Passing gross rental of $198,120* p.a.
• Est. gross market rental of $220,480* per annum (average $530 per week/unit)
• Tenants responsible for all costs including water usage & electricity
• Spectacular views from upper levels
• Detailed maintenance & upkeep schedules available
• Substantial 1,090m²* site zoned Low Medium Density Residential
• 1.5km* to Stafford Shopping Centre (Woolworths, Aldi, Cinemas)
• Close to transport and quality schooling
• Well maintained & partially renovated throughout
• Individual water and electricity meters plus recently upgraded switchboards and electrical wiring
• Large underutilized land component which may allow for granny flat or building extension
• Elevated flood free site
• Stafford median unit price of $554,000* (20.40% annual growth)^

For further information, please contact the Ray White Special Projects Marketing Agents.

*Approximately
^REA 2024

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