• Amelia Street, Nundah, QLD
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Amelia Street, Nundah, QLD

May 2023

Price: $1,700,000 Off-Market Block of units 6

 

JORDAN NAVYBOX

JORDAN NAVYBOX

MANAGING DIRECTOR QLD

Jordan Navybox, successfully secured a highly sought-after unit block in Nundah, Brisbane. This accomplishment is particularly notable as these properties are scarce in the city, with only 6.5% of residential properties being multi-unit blocks. With the assistance of Cohen Handler, our client was able to secure an off-market feature that is typically inaccessible.

Situated on a spacious 810sqm block, these strata-titled units are in excellent condition and offer the potential for increased rental income, currently yielding $93,000 per year at 5.4%. Furthermore, the property holds significant development potential, adding further value to the purchase. We extend our congratulations to the new owners.

Our team has a proven track record of successfully securing these types of properties, even in a competitive market.