1-7/40 Qualtrough Street Woolloongabba, QLD 4102

• Purpose built, exceptionally well maintained multi residential complex with strong occupancy rates
• Prime Inner city location with significant capital growth prospects due to lack of supply of existing units
• Gross rent of $314,000* in year ended 31 December 2024
• Elevated, flat, flood free, 809m²* site in quiet leafy street
• 6 x one bedroom units and 1 x two bedroom unit (all units on individual strata titles)
• Each unit is fully furnished with a separate kitchen, bathroom, bedrooms, two entrances, study nook, A/C, polished timber and off-street car park
• Rear units have separate large timber decks with city views, facing north
• Superb amenity - close to South City Square shopping centre, Logan Rd restaurant precinct, PA and Mater hospitals, Gabba Stadium and Norman Hotel
• Significant development upside (no heritage restraints)
• Excellent public transport - Buranda train station, Woolloongabba bus station and cross river rail station
• Detailed information available on request (includes building, pest, agent rental statements, capital allowance and depreciation schedules)

OPEN FOR INSPECTION:
Saturday, 7 June 10:00am - 10:30am

For Sale via Public Auction
Friday, 20 June 2025 10am

Venue
Level 26, 111 Eagle Street, Brisbane Qld 4000

*Approximately