Po­ten­tial plus with five units

The Courier-Mail - Property - - MARKET PLACE - ROYCE WILSON

COM­PRIS­ING an en­tire strata-ti­tled block of five apart­ments, this prop­erty is near the pro­posed Coor­pa­roo Junc­tion de­vel­op­ment and has plenty of po­ten­tial.

There is one three-bed­room, three two-bed­room, and one sin­gle-bed­room apart­ment in the com­plex.

Solid cav­ity brick walls fea­ture in all five apart­ments, as do gas stoves and hot wa­ter.

Spa­cious liv­ing and din­ing ar­eas are another high­light of the com­plex, and each apart­ment comes with its own bal­cony or ter­race, as well as a sin­gle garage with laun­dry.

Two of the apart­ments are on the ground floor, along­side a store­room and all five garages, while the re­main­ing three units are on the up­per floor.

Each of the apart­ments has a dif­fer­ent con­fig­u­ra­tion and the largest res­i­dence, on the up­per level, fea­tures three bed­rooms, with the en­trance open­ing into the liv­ing room.

This flows around to an open-plan lounge and din­ing room ad­ja­cent to the kitchen, and also pro­vides ac­cess to the main bed­room with built-in wardrobes.

Slid­ing doors open from the lounge and main bed­room to the apart­ment’s bal­cony.

The bath­room and toi­let lie be­tween the two re­main­ing bed­rooms, one of which fea­tures built-in wardrobes, while the garage for this apart­ment is ac­com­pa­nied by a stor­age area as well.

The com­plex of­fers sev­eral op­por­tu­ni­ties for buy­ers, in­clud­ing re­de­vel­op­ment or as let­ting as rental hous­ing, with the cur­rent re­turn across the five apart­ments about $1710 a week gross.

Ma­ture gar­dens ap­point the com­plex, with ro­tary clothes­lines also in­stalled. Two of the com­plex’s two-bed­room apart­ments have also been ren­o­vated since 2012.

Newly painted ex­te­rior trim, in­clud­ing handrails, en­hances the com­plex, which is on a 809sq m block near Wem­b­ley Park, the Coor­pa­roo Bows Club, and lo­cal shops and ser­vices.

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