FOR SALE
Offers Over $1,199,000

19 Park Road
Yeronga QLD 4104

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
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PRIME BLOCK OF 3 FLATS IN DESIRABLE LOCATION

Discover a rare opportunity in the heart of Yeronga. This appealing block of units offers lucrative investment potential at a sought-after address. If you're looking to expand your investment portfolio, 19 Park Road Yeronga comprising a single dwelling of 3 flats on one lot, current gross income of $72,800 per annum (with no body corporate fees), and the opportunity to live in one unit while renting out the two others.
Step into a world of opportunity with this property. Nestled in the vibrant community of Yeronga, just 4.5km from Brisbane, the location is second to none, with easy access to schools, parks, universities (via the Eleanor Schonell Green Bridge), motorways, cafes, shopping and restaurants.
The property comprises a two-bedroom apartment on the upper level complimented by two one-bedroom flats, and lock up car accommodation for three cars. The apartments have been renovated with streamlined central kitchens, timber flooring underfoot and spacious air-conditioned, open-plan living zones.
Set on 688 sqm and zoned LMR2, this property has a history of strong rental performance with the opportunity to elevate modernise or develop further. With promising potential rental income, 19 Park Road is a property where you can make the most of your investment.
This unique block of 3 flats beckons those who recognise the allure of real estate investment. 19 Park Road holds the promise of a prosperous tomorrow

Property Details for 19 Park Rd, Yeronga

19 Park Rd, Yeronga is a 4 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The place is currently for sale with Property Inc Estate Agents.

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BlockOfUnits

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About Yeronga 4104

The size of Yeronga is approximately 3.5 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Yeronga in 2011 was 5,540 people. By 2016 the population was 6,537 showing a population growth of 18.0% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation. In 2011, 55.9% of the homes in Yeronga were owner-occupied compared with 53.3% in 2016.

Yeronga has 3,651 properties.

    There are currently 20 properties listed for sale, and 16 properties listed for rent in Yeronga on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Yeronga.

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    Michael Kazoullis
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