Overview

Block of Units for Sale in Clayfield

Prime Blue-Chip Investment - Fully Tenanted Block of units in Clayfield

• 9 Bedrooms
• 6 Bathrooms

Auction on Saturday the 14th of March at The Calile Hotel From 8:30am.

This fully tenanted block of six flats presents a rare investment opportunity delivering immediate income with compelling long-term upside in coveted Clayfield. Occupying a prominent north-facing 627sqm parcel, the property comprises a mix of one-and two-bedroom residences, returning $123,760 per annum, with scope for growth as rental increases take effect in the coming months. Ideal for investors seeking a strategic hold, the site lends itself perfectly to landbanking while benefiting from strong ongoing returns. The generous allotment and premium positioning also introduce exciting redevelopment potential (STCA), allowing you to capitalize on the location when the time is right and continue to generate income while planning your transformation.

This prime investment rests in an exclusive setting. Shops and dining are 150m away, and popular precincts at Oriel Marketplace, Racecourse Road, and Sandgate Road are within minutes. Bus stops are 230m away for travel, and the site is well-positioned, only 6km from the CBD and 11 minutes from the airport. Within the Ascot State School catchment and on the doorstep of premier private schools, parks, sporting clubs, and more, this address offers endless appeal and convenience.

Features of this prime property include:

• Blue-chip investment opportunity
• Fully tenanted block of 6 flats in coveted Clayfield
• Prized north-facing 627sqm allotment
• Currently returning $123,760 per annum
• Forthcoming rental increase in the coming months
• Landbank and hold as a long-term investment
• Capitalise on position and potential and redevelop (STCA)
• 3x 2 bed, 1 bath, 2x 1 bed, 1 bath, 1x studio, 1 bath
• Communal lawns, laundry and clothesline
• 28-panel solar system

*We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

*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.

Location