Name: 365 Milton Road, AUCHENFLOWER, QLD 4066
Address: 365 Milton Road , QLD, Auchenflower, QLD, 4066
Telephone: +61 418 888 840

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SOLD

365 Milton Road, AUCHENFLOWER, QLD 4066

Properties / Sold / Queensland / Auchenflower

Development Potential

1. Property Summary

Property Type

Commercial

Land Area

809 m² (*approx)

Selling Method

Submit Offers: Closing Date for Offers 4pm Thursday 2nd November

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2. Property 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.

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