This investment is unique and has excellent returns for inner-city property.
The complex was built in 2005 and was designed with investment in mind to maximise investment returns. So, this property must be considered if you are looking for a hassle-free investment.
The current configuration allows each room to be tenanted on its own lease. The combined income provides a superb return of circa $640 per week right in the heart of this emerging Brisbane precinct. The ongoing costs are low, and the vacancy is almost non-existent.
The features are as follows (but certainly not limited to):
- 4 Bedrooms, all on individual leases;
- One bathroom with two separate toilets;
- A well-positioned kitchen & dining leads to the balcony;
- Apartment is furnished with common games area; &
- Located in the West End prestige river precinct.
Not only does this property offer ideal investment criteria, but it also offers the following location and lifestyle benefits that this emerging suburb of West End:
- 600m to ALDI Center;
- 750m to West End Ferry Terminal;
- 1.5km to the main dining precinct;
- 2km to Brisbane State High School;
- Easy bus access to the Brisbane CBD.
If you are an owner-occupier that would like to think outside the box and find a way to break into the Real Estate market, this is an ideal opportunity to break into the market!
Secure the apartment, potentially rent out the other 3 bedrooms, and receive surplus income, which will go a long way to cover the mortgage and associated costs. Or use the entire apartment as your residence in this thriving part of Brisbane.
West End is a thriving suburb with a hive of new development and infrastructure. The Brisbane State High School precinct is becoming one of the most sought-after opportunities within the Brisbane property market. This has all the essential ingredients to make this a great buying opportunity.
Call now to arrange a private appointment or attend the open home and ensure you submit your offer to be considered.
- Photos are limited due to current tenants' privacy.
- *All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
