1 Harris Street,
Wellington Point, QLD 4160

Burgess Rawson are pleased to present an ultra-rare residential investment opportunity located at 1 Harris Street Wellington Point QLD for sale via Expressions of Interest.

The property has the following highlights:

+ Strategically positioned 921sqm* freehold landholding within a thriving bayside suburb
+ Unmatched opportunity to acquire a unique investment with a diverse set of income streams, with a multitude of long-term and short-term lease options available
+ State-of-the-art residential apartment block featuring 11 spacious & modern one-bedroom apartments
+ On-site management capabilities, with an additional spacious one-bedroom apartment fitted with a separate office, laundry, bathroom and shower
+ All units feature fully equipped kitchens, lounges, large bathrooms and spacious decks with stylish high-quality fixtures and fittings
+ Newly constructed in 2022 and providing significant depreciation benefits
+ Council approved for individual strata lots, allowing for flexible ownership structures
+ Perfectly positioned within a minute’s walk from the city and seaside, these residences offer the ideal blend of convenience and lifestyle within a highly sought-after residential suburb
+ Conveniently situated within 2km* of national retailers IGA, Australia Post, BP and Terry White Chemmart along with Wellington Point's renowned local cafes and restaurants
+ Strong trading business with a history of high occupancy through short-term letting, providing an optional secure income stream
+ Redlands City: growing city home to over 168,000 people with a projected population of 200,000 people by 2041*
+ Wellington Point: transformed lifestyle destination with a median residential sale price increased by 23.86% in the last 12 months
+ Projected Net Income: $671,127 pa* + GST

For sale via Expressions of Interest
Closing 3:00pm AEST Wednesday 16 October 2024

Please contact the exclusively appointed Burgess Rawson team for further information.

*Approx.