51/18 Tank Street

Located in one of Brisbane's most prestigious riverside locations, Evolution Apartments is a residential complex that opened in 2008 with 179 apartments over 36 levels. This apartment is beautifully positioned on the southeastern side of the building offering river views with a glimpse of Southbank. With 2 bedrooms, 1 bathroom, and river views from the balcony, this Podium level apartment in the Brisbane CBD is ideal for investors and buyers alike. You’re also spoiled for choice for facilities within the building with a sky lounge, pool, spa, and gym. For the investors, this is the perfect opportunity to purchase in one of Brisbane’s most sought-after localities. The property will be sold fully furnished and can be rented out as short-term accommodation or as a fixed-term agreement. With high rental demand, this is a smart choice for investors or perfect for those wanting to move in right away and working in the heart of the city. Currently, in the short-term letting pool, it gives great returns to the owner averaging $40K per annum gross and with reasonably low body corporate (approx. $1900 per quarter for Admin fund) and council rates (approx. $400 per quarter). Property features: - Two spacious bedrooms with river views - One modern bathroom with large built-ins - Contemporary, open living space - Fully furnished - Ducted air conditioning - Floor to ceiling glass windows and doors - Private balcony with South East aspect of the river and city - Located on Podium Level 5 - Total area 90 sqm - Internal 60 sqm, External 30 sqm - Potential rent $500 per week fully furnished with a long term lease Location: - Only minutes walk to South Bank via the Kurilpa walkway bridge - Close proximity to Brisbane Quarter, Roma St Train station, and Queen's Street Mall - Close to the Cultural precinct and the QUT Gardens Point Campus