Potential plus with five units
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.