467 Cavendish Road, Coorparoo, Qld 4151

A$ 1,150,000

Condo, Coorparoo, Queensland

6 bed · 5 bath · 1037 m²

Here is an absolute cash cow. Guaranteed high rental yield with returns of approximately $70,000 per year. This block of 5 timber flats (1 x 2 bedroom and 4 x 1 bedroom) will impress any astute investor. Positioned on huge 1037sqm grounds and set away from the road, ensures maximum privacy and is deceptively quiet. Hold long term and reap the rewards and set yourself up for retirement, or perhaps utilise the large block and build your dream home if you wish. All flats are well maintained with long term tenants wanting to stay on. Based on the current returns, what's it worth to you? A…

Listed by REA Group