Reap the rich potential of this amazing property at 90 Hertford Street, Upper Mount Gravatt. The property sits on a elevated site with refreshing views of the surrounding hills and enjoys easy access westward to Logan Road and only 20 minutes from the Brisbane CBD and its peripheries.
For the keen renovator or developer, this property is convenient to all that the flourishing Upper Mount Gravatt suburb has to offer. On the flanks of its location, for instance, are some of the highly rated local schools such as Wishart State School, Mansfield State High and Griffith University.
With a perfect 20.5m Frontage, Easement free, and minimal trees to complicate matters this property is a perfect opportunity to sub-divide (STCA) into two ideal 404m2 blocks in an enviable position in this quiet street.
Currently rented out on a Rooming Accomodation basis it is providing a fantastic rental yield of $580 per week. 4 rooms are rented at $120pw and 1 is rented at $100pw. Outgoings are approx; Elecricity $900/qtr, Internet $60/mth, Water $400/qtr, and Rates $550/qtr.
Shopping centres in close proximity to this listing include Westfield Garden City to the south and Mount Gravatt Plaza just to the north. Its proximity to several parks and healthcare facilities further sharpen the potential of this property which also features a charming residence that surely adds value for its ownership.
Call your friendly Reval agent now for a showing of this rare find. You don’t want to miss out as it’s one potent buying opportunity which will not be available for long.
20 minutes from the Brisbane CBD
20.5m Frontage, Easement free, and minimal tree
Currently rented out for with rental yield of $580 per week
Close to shops, healthcare facilities, parks and plaza