We bring the whole team to give you a powerful advantage
Learn More
Sold
Block of Units

1-6/32 Mowbray Terrace East Brisbane, QLD 4169

Sold for $2,403,000 on 27 Jul 2023Floorplan
  • 8 Beds
  • 6 Baths
  • 6 Cars
Agents

Sold By

  • Loading...
  • Loading...
1-6/32 Mowbray Terrace, East Brisbane, QLD 4169

Block of Units in East Brisbane

BRISBANES BEST BRICK & MORTAR INVESTMENT RETURNING OVER $115k PER ANNUM

  • 8 Beds
  • 6 Baths
  • 6 Cars

Welcome to apartment block 1-6/32 Mowbray Terrace, East Brisbane! This exceptional block of units presents a rare opportunity for investors or those seeking a multi-generational living arrangement. With a total of 8 bedrooms, 6 bathrooms, and 6 garage spaces, this property offers an abundance of space and versatility.

Situated on a generous land area of 696 sqm, this block of units boasts a prime location in the sought-after suburb of East Brisbane. The property is conveniently located near a range of amenities including schools, parks, shops, and public transport options, ensuring a convenient and comfortable lifestyle for its occupants.

Each unit within this block offers comfortable living spaces, well-appointed kitchens, and ample storage. The bedrooms are generously sized, providing a peaceful retreat for residents.

Current Leases on the 6 apartments are netting $115,700 per year.

Unit 1 - 2 Bed 1 Bath 1 Car
Unit 2 - 1 Bed 1 Bath 1 Car
Unit 3 - 1 Bed 1 Bath 1 Car
Unit 4 - 2 Bed 1 Bath 1 Car
Unit 5 - 1 Bed 1 Bath 1 Car
Unit 6 - 1 Bed 1 Bath 1 Car

The property's standout feature is its potential for multiple income streams, making it an ideal investment opportunity. Whether you choose to rent out each unit individually or utilize the entire block for future development, the possibilities are endless.

The property will be sold via auction, providing an opportunity for buyers to secure this unique property at a competitive price. Don't miss out on the chance to own this impressive block of units in the highly sought-after East Brisbane location.

For more information or to arrange an inspection contact Michael Nolan or Adam Edwards for more information!

Land:

696m² / 0.17 acres

Parking:

6 garage spaces

Bedrooms:

8

Bathrooms:

6