40 Bute Street, Sherwood

An incredibly rare investment opportunity has arisen in the heart of Sherwood, offering a unique chance for the savvy investor to secure a block of four units on a generous 607sqm lot with a 19.5m frontage. Built in the 70s and kept as one title with no strata, this exceptional investment is set to be sold, making it a must-see for those seeking future growth and potential in Brisbane's evolving market. Comprising four well-appointed one bedroom units, each with one bathroom and two carparks- this investment boasts a total rental return of $78,520.00. Each unit offers comfortable living spaces designed to cater to the needs of modern tenants. The thoughtful layout ensures privacy and functionality, making these residences highly desirable for those seeking convenience and quality. With a strong rental return already in place, there is also enormous potential to maximize future rental yield through strategic upgrades and enhancements. Beyond its immediate income potential, the property is zoned as Low-Medium Density Residential (LMR) with a "2 or 3 storey mix," opening the door to redevelopment possibilities, subject to council approval. Whether you choose to reimagine the site for a bespoke multi-residential development or retain the existing structure for a high-yield investment, the possibilities are boundless in this prime location. Set in a highly sought-after suburb and just minutes from Sherwood Arboretum, Graceville's vibrant café precinct, cinemas, train station, and top schools both public and private, the location is as appealing as the opportunity. Whether you are an astute investor looking for a solid return, a developer seeking an exciting new project, 40 Bute St, Sherwood presents an unmatched opportunity. Properties of this calibre and potential do not come along often-secure your investment in this thriving pocket of Brisbane.