538 Sandgate Road
Clayfield, QLD 4011
Sold $1,175,000

Property Details

Bed 7 Bath 5 Car 5

Land Size

552 square metre

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Unique Investor Opportunity

Only 7kms from the CBD with access to nearby shops, schools, public transport, major roads and the airport, this property is perfect for an investor looking to maximise its potential.

The property consists of five spacious apartments. Three are well-sized one bedroom units with a large kitchen/dining space, bedroom with built-in wardrobe and a tidy bathroom. The remaining two apartments are two-bedroom units, with the second room ideal for alternative use as a home office. Each apartment includes ceiling fans in the bedrooms and hardwood floors in the living space.
Carports for each unit are located under the property, along with a large storage area and central laundry.

The sheer size of the property offers great development opportunities for owners looking to take full advantage of its potential. Options include renovating the property to add value to the existing apartments and make improved use of the empty space underneath the building or go for something more spectacular – demolishing the current structure in order to build brand new units/townhouses to attract additional demographics looking to live in Clayfield. The existing apartments are a guaranteed source of income while you plan your next move thanks to the excellent location – proximity to major roads, shops and public transport ensures you'll always have tenants looking to move in.

The Clayfield location provides access to great local features that are sure to keep this property attracting interest. Toombul Shopping Centre is just 5 minutes up the road, while Brisbane Airport is only a 15 minute drive away. Sandgate Road provides easy access to the city as well as the northside and Sunshine Coast. The local area provides a bewildering array of shops and restaurants, along with highly regarded schools such as Eagle Junction State School, Clayfield College and St Rita's College.
This property is a guaranteed winner for owners with a vision! Make it your Place by booking an inspection today!

** Disclaimer**
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Agents Representing 538 Sandgate Road

Mario Sultana
Principal
Lachlan Neumann
Sales Associate to Mario Sultana

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