Developer Retiring - Liquidating Balance Stock

For Sale

155-163 Fryar Road

Eagleby QLD 4207

Land

FOR SALE

- 15 Modern Apartments 'in-one-line'
- Combination of 1, 2 and 3 bedroom types
- High level of occupancy with long term tenants and underlying strong tenant demand
- Low maintenance asset in very good condition
- Significant depreciation benefits
- Strata titled allowing for future individual sale
- Located midway between Brisbane and the Gold Coast
- 3kms* to Holmview train station, 2kms* to the Beenleigh CBD and 1.5kms* to the Pacific Motorway
- Annual gross rental income of $226,000* (fully leased)

*approximately