Amelia Street, Nundah, QLD
May 2023
| Price: $1,700,000 | Off-Market | Block of units | 6 |
 JORDAN NAVYBOXMANAGING 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.