Positioned in a wonderful pocket of Moorooka, the quite Vendale Av, brick flats are a rare find. Three different flats, the first is a 3 bedroom flat with its own private balcony. The second flat is a 2 bedroom positioned in the middle of the group, and is a good size with potential to value add.
The third flat also a 2 bedroom positioned to the back of the property with easy access to the back yard of the property.
These flats are positioned on a 607m2 block with pleasant outlook over the park, the Moorooka bowls club right at your door step and local bus just a few min walk away, along with the colourful Moorooka shopping strip...
This is a great opportunity to secure a solid brick structure and with minimal outgoings (no body corporate fees, extra rates, extra water etc – that has to be real plus)
Expected current rental returns of $220-250 per week. Once renovated possibly returns of $310 per week plus.
City council rates $845.19 per quarter plus water
We look forward to see you at the open home.