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Potential 8.4% - 9.6% Gross Return in BSHS Catchment Area
Whether you're looking for a place to call home or a prime investment this fully furnished two-bedroom apartment offers both great rental returns and a lifestyle of unrivalled convenience. Situated within walking distance from Brisbane CBD this fantastic apartment is also within a few hundred meters to the Southbank Parklands and dining opportunities, TAFE, QUT University and South Brisbane's entertainment and cultural precinct. With a potential rental income of $440 p/week, this unit has been priced to sell. Strolling distance bus, train, Citycat and Riverwalk.
Neat, sweet and complete this apartment comes equipped with the following; - Air conditioned living and dining area - Private balcony - 2 bedrooms with built in wardrobes - Kitchen with plenty of cupboard space
In addition to this the Southbank Campus complex boasts; - Rooftop pool & BBQ area - Gymnasium - Laundry facilities - Plenty of visitors parking - Secure entrances - Onsite manager - Recreational level
Income and Expenditure:
- Potential rental return of approximately $440-$500 per week (approx $22,880 - $26,000 per year) - Body Corporate Approx $3606.42 per year - Council Rates Approx $1627.60 per year - Water Approx $1418.16 per year
The recently painted complex is also located within the Brisbane State High School catchment area as well as close proximity to Mater, PA and Children's Hospitals. This apartment will allow you to reap the benefits of living in this highly sought after suburb even if you're on a tighter budget.