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Description: An Excellent Investment Opportunity.
This property consisting of a-two bedroom apartment with interconnecting doors will provide investors with a variety of excellent options. Either as a stand-alone investment with excellent earning power or live in one and rent out the other or enjoy the entire space as your new home. The location is very central so you can walk to the Valley, CBD or Royal Brisbane Hospital in just a few minutes. Features include:
* Two studio apartments on one lot with excellent returns.
* Full-size raised kitchen.
* Furnished interiors with built-in wardrobes, ceiling fans & portable a/c.
* A sunny outdoor space for relaxing & one dedicated car space.
* Rental returns are currently at $760 per week.
* Very inexpensive body corp levies at $680 per quarter.
* Bcc Rates $548.80 Urban Utilities $380.35 approx, both payable quarterly.
* Enjoy the arts at the old Qld Museum or exercise at the Centenary Aquatic Centre.
* Current leases expire March & September 2026 respectively.
Investors will be delighted with the ROI and the very low body corporate levies will certainly assist with providing an excellent net return. Just minutes from the CBD and around the corner from Victoria Park home of the 2032 Brisbane Olympic Games. Rezoning for Ultra High Rise apartments means you can be assured of future development interest but in the meantime, this property is an uncut gem.
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