87 - 89 UPPER DAWSON ROAD,
Allenstown, QLD 4700

Situated in a prime Allenstown location this large accommodation complex is situated on 2 allotments with a total land area of 1545m2 and features 10 ground floor brick studio units plus a large classic weatherboard home with an as new interior that features 3 large bedrooms ( 2 bedrooms come complete with a walkin wardrobe) large open plan kitchen and diningroom, spacious lounge room and a brand new bathroom.
This corner site is well fenced and is situated in close proximity to the Allenstown shopping precinct and the Mater Hospital.

9 of these units are let at $140 per week, one unit has recently been let at $200 p.w. and the dwelling returns $300 per week which gives a gross annual return of $86320. This complex is capable of higher returns. All ten units are very similar and the most recent one rented returns $200 per week which would indicate that the other 9 units are also capable of returning $200 per week.

Net Half Yearly Rates are $6936.20