3 Burnham Road, Bardon, Qld 4065

Situated on a large 708m2 allotment, this rare 1960s-built post-war block of three x 1-bedroom flats offers a raft of opportunities for discerning Bardon buyers. Options include the ability to remove the existing building to construct your dream home (STCA), hold the valuable land and watch its capital growth, or maintain the already present income stream from the three, currently tenanted units.

Positioned in a fabulous location that has exceptional proximity to frequent city-bound bus services, parks, sporting facilities, bikeways, cafés and schools, whether looking for that perfect house site for your family or an easily managed rental prospect without ongoing body corporate levies, this leafy Bardon address is sure to tick several boxes.

Currently returning a combined income of $1065 per week, with leases in place until January/February 2025, this is an unbeatable acquisition opportunity, allowing you the time, if you wish, to explore the varied options that best suit your needs.

With a touch of mid-century design, each simple light-filled unit features dual access, an air-conditioned living area, gas cooking in the kitchen and a large built-in bedroom and bathroom. Various modern refreshes have been carried out over the years, including updates to floor and window coverings, cabinetry, bathroom fittings and appliances.

There is undercover parking for several vehicles via the driveway, a quintessential Hills Hoist in the back yard and a private-use laundry and storage area under each flat. The block enjoys a treed outlook to the rear and provides plenty of space to entertain.

Bardon State School and St. Joseph's Catholic Primary School are a short walk away and the nearby bus stops for the 375 Translink route take you through central Bardon and past Paddington's retail, restaurants and Suncorp Stadium, continuing direct to the CBD, less than 6km away.

Features of this property include:
- Post-war block of 3 flats on a large, leafy 708m2 allotment
- Exceptional location walking distance to schools, bus, parks, cafés
- Options to retain and continue to rent out, landbank or remove existing building to construct your family's dream home (STCA)
- Each 1-bedroom unit has dual entry, small privately fenced courtyards, and undercover parking
- Split-system air-conditioning in living areas. Tiled or timber floors
- Modernised kitchens with overhead cupboards, gas cooktops
- Good-sized bedroom with a wall of built-in wardrobes
- Private-use laundry and storage space for each individual flat
- Being sold as one property with no body corporate expenses
- Bardon State School and The Gap State High School catchment
- Approx. 5 min to Paddington dining, 6km to King George Sq. car park
- Less than 10 min. drive from Ashgrove, Toowong Village, The Barracks

Current Rental Return: 
Unit 1: $370 p/wk, lease expiring 24th January 2025 
Unit 2: $345 p/wk, lease expiring 7th January 2025 
Unit 3: $350 p/wk, lease expiring 9th February 2025 

Other Fees: 
- B.C.C Rates: $1,670.52 Per Quarter (approx.) 
- Urban Utilities Water: $967.96 Per Quarter (approx.)

Rarely seen, this whole block of three low-maintenance flats is sure to impress with its location, in-place tenancies, large allotment size and possibilities for redevelopment (STCA.) Please contact me for more information and to arrange a private inspection.


Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: 
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.