These charming Queenslander style flats represent a great investment opportunity. Each flat is rented to long term tenants @ $175.00 per week. This means at $237,500 they are currently returning a gross yield of 7.7%. The property is ideally located within walking distance to the CBD, amenities and public transport. Both flats contain: Updated kitchen with good storage space 1 good size living room 1 roomy bedroom Split system air-conditioning 1 bathroom & toilet L-shaped enclosed veranda providing extra living, dining space Polished wooden floors Security screens Laundry area downstairs and covered parking underneath The fully fenced yard is 674M2 and there is rear lane access. Great potential for future development STCA. Contact Jennifer on 0488 299 255 to arrange your private inspection.