LIVE STREAMS

1/131 Merthyr Road,
New Farm Queensland 4005

Price: $2.4M Plus

LEASED UNTIL 2025 - PRIME INVESTMENT OPPORTUNITY

- Leased until 2025
- 25 rooms plus managers office
- Kitchen facilities
- Private Courtyard in landscaped garden surrounds
- Recently reroofed / Solar Panels
- Central New Farm location

A rare and exciting opportunity exists to purchase a well maintained residential accommodation facility in a prized New Farm position. Currently leased until 2025 and reaping strong rental returns, there is still scope for the investor to enhance and add further value in future.

New Farm is located approximately 2kms east of the CBD and borders the suburbs of Newstead, Teneriffe and Fortitude Valley. It is one of Brisbane's most popular and affluent suburbs and features an eclectic mix of character properties and new residential unit developments. It is well serviced by amenities, retail and public transport.

Please call Geoff Esdale on 0408 787 082 for further information to schedule your inspection.

Property Details

Price
$2.4M Plus
Address
Merthyr Road
Suburb
New Farm
Postcode
4005
Property Type
Land Size
442 m2
Property ID
1P1515
Other Features
None,None