Guaranteed Rental income! Fantastic Entry Level Investment
With a guaranteed monthly rental income of $1,712.00 per month and annual CPI increase’s, this is a great investment opportunity. With skilled, on-site managers safeguarding your investment, this property is stress-free from normal leasing hassles.
Apartment 7 is a one-bedroom property within the Essence Apartments complex, located within walking distance to Prince Charles and St Vincent’s Hospitals. The Apartments are very popular with visitors to the hospitals and long stay corporate guests.
Features of the Apartment;
Fully equipped kitchen with stone bench tops, dish drawer & stainless steel appliances
Full furniture package
Large bedroom with queen bed
Lounge area, leading to a private balcony
Work station, wall-mounted LCD TV
Ducted air conditioning, timber floors & double glazed windows
Quality fixtures, fittings and modern, stylish furnishings throughout
Lock-up, secure undercover parking space for one vehicle
The Apartment is also supported by facilities and services including meeting rooms, guest lounge garden terrace, laundry room & secure parking. Manned reception from 7 am to 8 pm, ensures assistance is always at hand for guests.
Conveniently located to Westfield Chermside Shopping Centre you also have fast access to Brisbane’s CBD and the Gateway to reach the Gold & Sunshine Coasts. Brisbane Airport via Airport Link Tunnel is only 10km away.
Guaranteed Rent: $1,712.00 per month until 4 April 2025.
You will have the choice of extending the fixed term agreement for an additional 3 or 5 years.
Body Corp Fees:
Admin - $3,064 per annum – paid in two instalments
Sinking Fund - $1,686.40 per annum – paid in two instalments
Sinking Fund: $388,169.50 as at 30/06/2023
Brisbane City Council Rates: $480.95 per quarter
No Water or Electricity costs
This hassle-free investment is sure to be popular in the current market. Call John Andrew for further information today.
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
