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52 Paramount Terrace, Seven Hills, Qld 4170 Sold
52 Paramount Terrace, Seven Hills, Qld 4170 52 Paramount Terrace, Seven Hills, Qld 4170-Floorplan Latest Aerial map Imagery for project 52 Paramount Terrace, Seven Hills, Qld 4170

52 Paramount Terrace, Seven Hills, Qld 4170

Bedrooms
5
Bathrooms
5
Parkings
5
Area
300m2
Type
Block Of Units

Last updated on Wednesday, August 16, 2023

$1,600,000

52 Paramount Terrace, Seven Hills, Qld 4170 - More Details

$1,600,000

Full Information Memorandum Available Upon Request from Agent - Including a detailed financial breakdown, property information and more.

3D Virtual Tour Links:

Unit 1 - https://my.matterport.com/show/?m=BUHLYADxPMs
Unit 2 - https://my.matterport.com/show/?m=htYmdEQrhN1
Unit 3 - https://my.matterport.com/show/?m=FXjPhrFfEA5
Unit 4 - https://my.matterport.com/show/?m=yT4VEX84pPH
Unit 5 - https://my.matterport.com/show/?m=ggLesELuM9M
Common & External - https://my.matterport.com/show/?m=K6vskWHUbEY

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A new opportunity has forced the sale of this high-quality asset creating an opportunity the astute investor would not want to miss.

Situated in the in-demand, high growth suburb of Seven Hills, being located approximately 7.6kms from the CBD there is immense long term upside potential on offer here - A Rooming House with 5 individual, fully furnished units located on one title perched on a 444m2 block capturing views to East

With a current gross rental yield of $133,120pa and operating costs of $16,374.64 - a Net Yield of $116,745.36 is on offer. With strong rental price growth being experienced due to Brisbane’s growing population and under-supply of rental stock – few signs point to this slowing down anytime soon especially considering the upcoming Olympics and several key infrastructure projects.

This unique asset class provides stable long term residential tenancies with an extremely low vacancy rate.

Where this property differs from most other Rooming House developments is that it has been strategically developed in a high-quality suburb with a lack of any affordable or entry level unit stock therefore making strong rental demand now and into the future very likely. Couple this with the growth rates which a suburb like Seven Hills sees and it becomes a compelling long-term opportunity seldom available.
Type
Block Of Units
Bedrooms
5
Bathrooms
5
Parkings
5
Area
300m2

Historical, Aerial view of properties in a suburb: Seven Hills QLD 4170

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52 Paramount Terrace Seven Hills QLD 4170

Property FAQs

How many bedrooms does the property listed 52 Paramount Terrace, Seven Hills, Qld 4170 feature?

52 Paramount Terrace, Seven Hills, Qld 4170 is a 5 bedroom Block Of Units.

What are the standout features of the 52 Paramount Terrace, Seven Hills, Qld 4170?

Explore all key property features for 52 Paramount Terrace, Seven Hills, Qld 4170. Click here to find out more.

What is the total land area and built-up area of the 52 Paramount Terrace, Seven Hills, Qld 4170?

The total land area and built-up area of the 52 Paramount Terrace, Seven Hills, Qld 4170 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 52 Paramount Terrace, Seven Hills, Qld 4170?

52 Paramount Terrace, Seven Hills, Qld 4170 can accommodated 5 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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