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15 Dorset Street Ashgrove, QLD 4060

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15 Dorset Street,
Ashgrove, QLD 4060

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UNDER CONTRACT...Where Can You Get a 6.5% Return?

Enjoy a brilliant cash flow of nearly $75,000 per annum in this well positioned block of five, only 200m to Woolworths with an easy stroll to local shops and under 4 kms to the Brisbane CBD.

Situated on 787m2 of LMR zoned land, these well maintained timber flats are a great investment opportunity with outstanding development potential and scope to lift the rents by up to 10%. The wonderful location provides for convenient Ashgrove village living and is very popular with tenants - always easy to rent.

5 Units - 2 x 2 bed, 3 x 1 bed
Unit 1 - 2 beds - $275/wk
Unit 2 - 1 beds - $275/wk
Unit 3 - 1 beds - $280/wk
Unit 4 - 1 beds - $280/wk
Unit 5 - 2 beds - $330/wk

Total Return - $1440/wk or $74,880 pa

For all the info, contact Peter D'Arcy for an information pack on 0412 738 009 or at peterd@darcy.com.au.

Property ID: 500798623Last Updated: 13 Dec 2013

07 3065 98...
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15 Dorset Street
Ashgrove, QLD 4060
DB Realty
23/36 Agnes St
FORTITUDE VALLEY, QLD 4006
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