9 Manson Parade, Yeronga QLD 4104

6.7% Gross Rental Yield!- Rare block of 4 brick flats on 650m2 LMR Zoned Lot

Block Of Units Sold - Yeronga QLD

Available on the market for the first time in over 20 years, this unique income producing asset situated in the booming inner-city riverside suburb of Yeronga is sure to create a stir in the investor market!rnrnThe solidly built brick building comprises of 2 x two bedroom units and 2 x one bedroom units, each with one bathroom and one undercover car park. The units are all well maintained, always rent well and returns circa $57,770 PA gross. These units are also NOT strata titled so outgoings are low which keeps the yield high and the future option to strata and sell off individually – again just one of the various options you have available.rnrnThe property sits on a 650m2 of LMR2 Zoned lot that’s conveniently located within walking distance to shops, boutique cafes, recreation parks and public transport. The University of Queensland (accessible via the Eleanor Schonell Bridge) is only a 5 min drive away. Let’s not forget the fact that it’s a less than 10-minute drive to sports stadiums (the Gabba), Brisbane Convention Centre and the Brisbane CBD. rnrnWhether you see this as a development site, land-banking opportunity or income producing asset, this is a one of a kind investment opportunity within 7km’s from the CBD. So what are you waiting for? Enquire NOW!rnrnWith a 6.7% Gross Rental Yield. this is sure to be a cash positive investment with plenty of room for Capital Growth.rn