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55-57 Sandford Street, St Lucia QLD 4067

$3,450,000
16
15
7
Description

ARE YOU READY TO TAME THIS CASH COW?

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Agent Details
Vish Uttam
Principal
Armed with an extensive background in marketing, international real estate in Dubai, as well as having worked for one of the most prestigious accounting firms globally, Pricewaterhouse Coopers, Vish has developed a strong professional vision, cultural adaptability and knowledge to understand the needs of his clients to succeed and deliver exceptional client service. He has a bachelors degree in IT and a Masters Degree in Accounting from Bond University. (yes, he's a nerd!) Vish opened up Xperience Realty in 2013, after being in the industry for over 5 years, because he believed there was a gap in the marketplace to create something fresh and dynamic. Passionate about marketing, Vish prides himself in his Fresh Approach to Real Estate. Through this mindset, Vish aims to reinvent the industry by pushing the envelope with innovative, clever and unique marketing strategies and challenges conventional ways to make the property buying and selling process a refreshing, exiting and profitable Xperience. Through his unique approach, Vish has sold over 200 properties worth over $100,000,000 When not selling and running his baby Xperience, Vish enjoys travelling and is a bit of thrillseeker (he's actually been to the Base Camp of Mt. Everest), loves salsa dancing with his lovely wife (who is the real boss of the company!) and is a passionate rum love and actually is the founder of the Brisbane Rum Club!
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Be the envy of all your investment buddies with this incredible block of 8 units. So close to the river and in incredible condition, these units boast gorgeous finishes, European appliances, and excellent fittings throughout.

It’s gorgeous riverside location consistently attracts respectable buyers and tenants alike. Just down the road is UQ, Toowong Village, several parks, and public transport.

The best part about this building is the mind-blowing ROI. You’re looking at no body corporate, with all units currently rented and raking in $178,000 a year.

There is the potential for the apartments to be strata titled creating the option to either sell them off individually or to retain them for long term earnings.

Read on for the most lucrative features of your new investment building:
• 1 x 1-bedroom, 1-bathroom.
• 6 x 2-bedroom, 2-bathroom.
• 1 x 3-bedroom, 2-bathroom penthouse.
• All with air-conditioning, secure car spaces, open plans, European appliances, and large outdoor entertainment areas.
• Attractive location close to parks, Toowong Village, University of Queensland and public transport.
• All units are currently tenanted and earning $178,000 a year.

Read on for important investment information:
• Rental Rates: $178,000 a year.
• Council Rates: Approx $8000 per year.

Investment opportunities such as this rarely come on the public market. Contact Phil at Phil@xperiencerealty.com.au or 0447048961 to book an inspection soon or you could risk losing out on this lucrative opportunity.

Disclaimer: Xperience Realty has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

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