329 Melton Road, Northgate

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
4
Land size
604 m2
Building size
50 m2
Council area
Brisbane - Toombul
Year built
1975
Lot plan
1/RP119331 Northgate QLD
House type
Flats



HISTORY

Last sold 09/11/2017
$840,000



LISTING DESCRIPTION
as of December 2017

SOLID INVESTMENT OPPORTUNITY Welcome to 329 Melton Rd Northgate - a solid-brick, non-strata titled, four-pack unit block, that returns $1,050 per week rent. Occupying a 604 m2 allotment in the centrally positioned suburb of Northgate, the block is conveniently located within a short walk to Northgate train station and the local shop & business precinct. Close-by are Nundah Village and Toombul Shopping Centre, with easy access to the Gateway and Brisbane Airports.All Units feature:1 Bed, 1 BathPolished timber floors, open planned living & dining areaKitchen with gas cook-topNBN readyNeat and tidy bathroom with showerInternal laundry facilitiesSingle Lock-Up Garage and private storageUnit 1 - returning $265 p/week, lease till 17 May 2018Unit 2 - returning $270 p/week, lease till 22 Oct 2018Unit 3 - returning $250 p/week, lease till 15 Aug 2018Unit 4 - returning $265 p/week, lease till 30 April 2018Annual BCC Rates: $1,022.34Annual Landlord Insurance: $2,173.09Year Built: 1970'sWith 604 m2 size allotment, there is scope (subject to BCC approval) to demolish and create a new block with 6 Units.Interest for this non-strata titled, four-pack Unit block will be high. Call marketing agent John Andrew to arrange your private inspection of 329 Melton Rd, Northgate today!Disclaimer:This property is being sold 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.