$2,700,000

12 Bed • 10 Bath • 10 Car • 663m²

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Main view of Homely blockOfUnits listing, 39 Luxworth Street, Moorooka QLD 4105

Second view of Homely blockOfUnits listing, 39 Luxworth Street, Moorooka QLD 4105

Third view of Homely blockOfUnits listing, 39 Luxworth Street, Moorooka QLD 4105

+24

Sold

Fourth view of Homely blockOfUnits listing, 39 Luxworth Street, Moorooka QLD 4105

Fifth view of Homely blockOfUnits listing, 39 Luxworth Street, Moorooka QLD 4105

+22

Sold

39 Luxworth Street, Moorooka QLD 4105

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$2,700,000

12Bed
10Bath
10 Car
663m²

Block of Units Sold on Fri 18 Feb, 2022

What's around Luxworth Street

Block of Units description

“FIRST CLASS INVESTMENT OPPORTUNITY”

Set on 3 street frontage and built in 2014 this superb unit complex has come to the market representing an excellent investment in this growth area.

Fully leased (97% occupancy rate) with the benefit of being registered under the NRAS (National Rental Affordability Scheme) these beautifully kept units represent an excellent return and options for the future. Fully strata titled the units consist of:

2 x 2 bed 1 bath with large courtyards and street entry 1 car garage
2 x 2 bed 2 bath with large decks and 1 car accommodation
2 x 2 bed 2 bath Mezzanine master suite and large deck area 1 car

Current gross income with Govt rebates( tax free) $168,256 pa
Current Nett income $128,898pa

The NRAS Scheme is available to the buyers until March 2025. After this the rents would revert to normal rental return at this time.

Please call for a full Information Memorandum with infrastructure projects in this area and growth assured being only 8 klms from the CBD.