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  • 21 Princess Street, INGLEWOOD, QLD 4387
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21 Princess Street, Inglewood, QLD 4387

  • 10 Bed
  • 5 Bath
  • 5garages

Sold

Sold for $975,000 on Nov 16, 2023

Looking for a high return investment? Well look no further!

An opportunity like this doesn't come along often, 5-unit complex strata titled under single ownership!

Located in prime position these 2 Bedrooms units are a short walk from the Inglewood CBD.

All units are ground level, fully furnished with modern tasteful furniture, reverse cycle split-system air-conditioning, large bathrooms with shower and vanity, separate toilet and a laundry. They accommodate most tenancy situations and requirements.

There is a private courtyard attached to each unit for the tenants to enjoy the outdoors and lockable storage for convenience. Under cover car accommodation for each unit with a designated car spot in the car port.

This complex is a sound investment with excellent gross rental return of approximately $2045 per week. The units have been well maintained and require very little maintenance due to brick construction and intelligent selections internally with floor coverings and fixtures. The complex has the potential to return approx. 10% gross.

Make a move on this immediately, this complex is only available due to the current owner retirement circumstances!

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avatar Nigel Sharpe
Nigel Sharpe
Sales Manager

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L22098334
  • Property Type:Block of Units
  • Carports:5
  • Land Area:1012 sqm
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R&H Suburb Profile: Inglewood
R&H Suburb SummaryHouses
Number of sales30
Average Price$272,220
Median Price$230,000
Median Rental Price$215 p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $230,000
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