The highest sale in Magdala Street last year was $1,950,000 - a truly amazing property - now I mention this because thats the type of caliber of property you will find in this beautiful street.
As you read this there is an opportunity at hand to purchase a property in Magdala Street, an opportunity that will certainly not last long! Apartment 3 at 17 Magdala Street is now available for sale, after the better part of 16 years being tightly held by a astute investor.
Already tenanted with a lease in place until the 28th June 2019 - this property produces $17,680 worth of income per annum, which results in $340/week rent.
Apartment 3 has a North/East/South aspect, is light filled and enjoys lovely breezes. This two bedroom apartment boasts a large living area, its been recently painted and has had new carpeting installed prior to the current tenant moving in.
Benefits of owning this property:
* Walking distance to Racecourse Road precinct
* Transportation all around you
* Lots of cafes, shops, and restaurants close by
* Racecourse Village only minutes away (Queensland's Newest Woolworths 2.0 & other shops)
* 10 minutes from Brisbane Airport
* 7km from Brisbane CBD
Attributes of this apartment:
* A spacious apartment - a total of 114sqm
* The apartment has a North/East/South aspect - views of Hamilton Harbour from balcony
* Above average sized living area - large functional kitchen - South facing balcony
* Two bedrooms on the Eastern side - master is over-sized with the second still very spacious
* Bathroom has adequate storage under vanity - includes large shower & separate toilet
* Remote controlled garage door - large secure space with internal laundry
Contact Oliver today on 0431 708 697 to organise an inspection.
