60 Underhill Avenue is a highly sought freehold opportunity superbly located on a high exposure intersection on the doorstop of Indooroopilly Shopping Centre.
– 825 sqm land holding with over 40 metres of frontage
– Favourable mixed-use zoning
– Strong development potential for up to 6 levels (STCA)
– Concept plans for 25 apartments & 180 sqm* retail
– Leased to successful tenant until 31/5/2025 with 2×5 year options
– Net Income of $139,554.21* p.a
– Tenant pays all outgoings excluding land tax
– Low maintenance & easy to manage, secure investment
Opportunities like these rarely become available & we strongly encourage your genuine interest.
Contact the Exclusive Marketing Agents & Inner-City Specialists C Property QLD.
STCA – Subject To Council Approval