Rental return of $2,020/week in the heart of Kelvin Grove

Situated within walking distance to Kelvin Grove State College, QUT, several shopping centres and a multitude of public transport; 33 Gibb Street. Kelvin Grove is the ideal property for investors looking for a steady rental return as well as good long term capital growth.

The property itself consists of 8 well kept units, all of which are rented for between $240pw-$260pw, with good tenants who are all happy to continue letting the property for the forseeable future.

On land value alone this property comfortably plays dividends - sitting on an 860m2 block less than 3kms from the Brisbane CBD.

There has been a 3D Virtual Tour conducted of the whole property, it can be found on the listing.

Key featuers:
- 8 units, all with private bedrooms and bathrooms
- All units seperately metered and have their own safety switches
- Walking distance to Kelvin Grove State College
- Walking distance to QUT
- Easy access to public transport
- Good proximity to local shops
- Consistent gross rental return of $2,020pw
- School catchment area for Kelvin Grove State College

Tenancy information:
- Unit 1: $250pw
- Unit 2: $260pw
- Unit 3: $260pw
- Unit 4: $250pw
- Unit 5: $240pw
- Unit 6: $250pw
- Unit 7: $260pw
- Unit 8: $250pw

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.