Corinda8 Probyn Street

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Corinda8 Probyn Street

Unique Opportunity ! Whole block of 5 quality brick units with Location Location on 809 m2 lot

This is a great opportunity to secure a complete block of 5 quality brick units, immaculately presented with very good returns.
A bonus is there is no Body Corporates to worry about and just one rates and one water bill for the property. The property currently returns the owners $87,000+ gross per year.

The property is offered to the market for the first time in very nearly 10 years as the current owners are now retiring.

There are Two 3 bedroom units, Two 2 Bedroom Units & One 1 bedroom units each air-conditioned and large lock up garages and storage plus each unit has its own courtyard .
Further . Each unit has their own Electricity account and Gas account as there are individual gas hot water systems and gas cooking to each unit.

Probyn Street is flood free and conveniently located in a lovely cul de sac close to Corinda Shopping Centre just 400 metres to restaurants and shops and an easy walk to the train, bus & Shopping precinct.
Lot 1 on RP 130632
Zoned low medium density residential 2 or 3 storey mix.
Council Rates $1442.80 per quarter
Water and sewerage costs $1319.40 per quarter
Building Insurance $353.26 per month

Great Blue Chip Investment Opportunity Don't Miss Out !
Inspections by appointment only as each unit is tenanted and entry notices will need to be issued .

Contact Agent

Brian MacDiarmid

07 3372 9666

0428 332 346

07 3372 5671



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Property Information

  • Tax Rate $1,443/Qr
  • Water Rate $1,319/Qr