312 Annerley Road, Annerley QLD 4103

This property offers a compelling investment opportunity featuring a block of land spanning 438 square meters that includes a fully leased block of flats generating a consistent income of $65,000, supported by all current leases and bonds in place. Alongside this income-producing asset, there is an additional 336 square meter vacant block of flat land ready to accommodate the construction of your ideal home.

The combination of rental income and potential for personal residential development makes this offering uniquely versatile. The income from the existing flats provides stability and immediate returns, appealing to investors seeking dependable cash flow. Meanwhile, the extra land block allows for future expansion or a bespoke residential project, ideal for buyers wanting to combine investment with lifestyle benefits.

This dual-block configuration is suited to those who value strategic property holdings that blend income generation with development potential. Whether you are an investor aiming to bolster your portfolio with a secure rental asset or an owner-builder wishing to capitalize on a well-located parcel of land, this property warrants thorough consideration.