87 Victoria Avenue, WOODY POINT, QLD, 4019

$528,000
Sold on 23rd May 2016
  • 5 BED
  • 3 BATH
  • 2 CAR
Sold

Huge Return - Development Potential.

Often sought – rarely found.

Flats offer an above average rental return, safeguarded with a multiple tenancy, reducing the risk of a diminished return from a vacant property.

The land size (971sqm) and location further benefit this property adding development potential close to the water, schools and shops.

– 3 flats returning $655/wk rent
– 971sqm land with 24m frontage
– 750m to the waterfront
– Renovate to increase yield further

The owners motivation for a quick sale will be reflected in the purchase price. Call or email Mike for further information.

Property Code: 1105


Property Details
Property Type: Residential
Land Area: 971 SQM