103 Moray Street, New Farm QLD 4005

Property Details: • Type: Block of Units

• Bedrooms: 12 • Bathrooms: 6

Description: Built during the 1930s, 'Ardrossan' is a classic block of flats that's available for only the third time in nearly a century. Previously sold as a whole building, each apartment is now strata-titled and so each could be sold separately. This may be the last opportunity to buy Ardrossan as a single package. An Information Memorandum is available on request. -6 x 2 bedroom + sunroom apartments, all with off-street parking -In excellent condition, beautifully maintained with no outstanding works in progress -Updated kitchens and bathrooms, and period-features like polished timber floors -Fully rented with an income of approximately $240k/annum -Newly established body corporate, with forecasts and property management plan -Opportunity to sell down one at a time, or maintain as a full block of flats -Positioned prominently on Moray St, part of the heritage-listed Julius St precinct -Riverside adjacent property with city skyline, river and district views -Solid investment with a proven track-record of strong capital growth -Walking distance to village cinemas and shops, Howard Smith Wharves and CBD