Townhouse for Sale
Townhouse Complex on 1,012m² - Unique Opportunity for Investor or Developer
Property ID 1891808It is rare for an entire townhouse complex to become available in Sherwood. These four solid brick, strata-titled townhouses on a 1,012m2 allotment are for sale as a single package.
- Each townhouse includes 2 bedrooms, 1.5 bathrooms & 1 garage
- Double brick, suspended slab construction, with a Colourbond roof
- Currently Multi-Residential Zone 3
- Walking distance to shops, cafes, and public transport
- Consistently strong rental yields, low vacancy rates, and long tenancies
Each of the four townhouses is spread over two levels and offers two bedrooms, a main bathroom, powder room, a single lock up garage and a private courtyard. Downstairs is an open plan kitchen/living/dining area with patios front and back. The bedrooms are upstairs and both have a balcony. There is also a large grassed common area for tenants.
The property is in an ideal location for an investor or developer. They are in walking distance to supermarkets, cafes and restaurants, public transport including Sherwood train station, schools and medical facilities. The Brisbane CBD, Indooroopilly Shopping Centre and the University of Queensland are easily accessible via public transport.
The features, living spaces and location of these townhouses ensure exceptional occupancy rates and strong rental returns. The current rental yield is $75,000 per year with potential to increase with some cosmetic updates.
This property represents a rare opportunity for the astute buyer seeking a solid, high-yield investment and - given the current zoning - significant development potential.
Contact Lachlah Humble or Cameron Crouch for more information.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.