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365 Milton Road, AUCHENFLOWER, QLD 4066

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365 Milton Road, AUCHENFLOWER, QLD 4066

Auchenflower

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Sold Check
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365 Milton Road, AUCHENFLOWER, QLD 4066

Auchenflower

SOLD
365 Milton Road, AUCHENFLOWER, QLD 4066

365 Milton Road, AUCHENFLOWER, QLD 4066

Properties / Sold / Queensland / Auchenflower
Development Potential
Property Type
Commercial
Land Area
809 m² (*approx)
Selling Method
Submit Offers: Closing Date for Offers 4pm Thursday 2nd November
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High Income Producing Residential Investment

- 2.9km* west of the Brisbane CBD

- Total Land Area 809 sq m*

- 20 m* of frontage to Milton Rd with a depth of 41m*

- Current Use: Flats

- 53m* to city buses & 500m* to Auchenflower Station

- 648m* to the Wesley Hospital

- 735m* to Milton State School

- 793m* to Rosalie Shopping Precinct

- 1.35km* to Toowong Village Shopping Centre

- Real Property Description: Lot 1 on RP116366

- Zoning: CR2 – Character (Infill Housing)

- Total Gross Rental: $98,540 per annum*

Tenancy 1 = $225 p/wk, Tenancy 2 = $220 p/wk, Tenancy 3 = $230 p/wk, Tenancy 4 = $250 p/wk, Tenancy 5 = $295 p/wk, Tenancy 6 = $295 p/wk & Tenancy 7 = $375 p/wk

- Total Expenses: $13,035 per annum*

Insurance = $2,532 pa*, Rates = $3,760 pa*, Utility’s = $3,168 pa*, Land Tax = $3,575 pa* & Net Income: $85,405 per annum*

* Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Commercial
Land Area
809 m² (*approx)
Selling method
Submit Offers: Closing Date for Offers 4pm Thursday 2nd November

Development Site Highlights

High Income Producing Residential Investment

- 2.9km* west of the Brisbane CBD

- Total Land Area 809 sq m*

- 20 m* of frontage to Milton Rd with a depth of 41m*

- Current Use: Flats

- 53m* to city buses & 500m* to Auchenflower Station

- 648m* to the Wesley Hospital

- 735m* to Milton State School

- 793m* to Rosalie Shopping Precinct

- 1.35km* to Toowong Village Shopping Centre

- Real Property Description: Lot 1 on RP116366

- Zoning: CR2 – Character (Infill Housing)

- Total Gross Rental: $98,540 per annum*

Tenancy 1 = $225 p/wk, Tenancy 2 = $220 p/wk, Tenancy 3 = $230 p/wk, Tenancy 4 = $250 p/wk, Tenancy 5 = $295 p/wk, Tenancy 6 = $295 p/wk & Tenancy 7 = $375 p/wk

- Total Expenses: $13,035 per annum*

Insurance = $2,532 pa*, Rates = $3,760 pa*, Utility’s = $3,168 pa*, Land Tax = $3,575 pa* & Net Income: $85,405 per annum*

* Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

365 Milton Road, AUCHENFLOWER, QLD 4066

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Step 1

Loan Variables

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You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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Loan Analysis

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365 Milton Road, AUCHENFLOWER, QLD 4066 Auchenflower