Net Return on Investment above 8%
Unit1013/108 MARGARET STREET, BRISBANE CITY, QLD, 4000
Unit 1013 = Lot 94
Now is the time to lock-in a long term investment in a blue-chip locale in Brisbane CBD.
Brisbane Campus Apartments is conveniently located close to:
* QUT University (400m)
* Queens Wharf $3.6bil Development (200m)
* Botanical Gardens (400m)
* Albert Street Railway Station (Cross River Rail) (400m)
* QUT Ferry terminal (700m)
Prime location in the heart of Brisbane CBD and excellent potential for the near future as the nearby Queens Wharf development is completed and Brisbane prepares to host the 2032 Olympic Games.
There is a multitude of dining, shopping, recreation and entertainment options available almost right at the door.
This Studio apartment is an outstanding investment with a long-term tenant paying $355 per week and the latest rental appraisal of $430 per week. Excellent onsite management in place.
The complex is a well constructed high quality building, well maintained and well managed, offering excellent common facilities, rest and play sports, with multiple lounge-rooms, study room, communal laundry and communal kitchen with dining room. There is also an outdoor area and an in-ground pool.
Apartment 1013 in Brisbane Campus Apartments features:
* Rare C Plan corner Studio Apartment
* Located on Level 10 with plenty of natural light and elevated views and vistas
* North facing unit with CBD views
* Good-sized Kitchenette with CBD Views
* Built-in Robes
* Study Nook
* Well appointed bathroom with quality finishes
* 24 Hour building security
* Large outdoor pool, BBQ facilities, recreation room, communal kitchen
* Common area Wi-Fi
* Free and secure parking
* Surrounded by restaurants and shops
* On site Manager & security
* Excellent on-site management 7 days per week
* Café and convenience store
* Central location and walking distance to everything
Financials:
* Leased for $355 per week (current appraisal at $430 per week)
* Sewage & Water – approx. $1,155.44 pa
* BCC Rates approx. $1,800 pa.
* Strata is approx. $3,407.24 pa, all inclusive (admin, sinking fund, electricity, and insurance)
* Sinking fund balance as of 22 February 2023 is $1,143,921
* ROI is exceptional – yielding approximately 8% + Net
Contact Listing Agent Michael Gambaro for all enquiries on 0450 822 001
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