Unique investment opportunity! Just built, this property has excellent tax benefits and depreciation value.
5 fully self contained apartments, huge kitchen and bathroom all with aircon. The apartments are expertly designed to achieve maximum internal lighting and large living spaces. As well as a large amount of storage for a long stay. It gets better, each apartment has access to a private balcony!
Each apartment rents for $325-$375 per week and all 5 apartments are currently full. There is always demand for this unique product. Together, they return an impressive $88,400 which gives an exceptional close to 9% return on your investment. You also have the benefits of depreciation from buying a brand new property.
Located in the booming suburb of Hendra, this property is ideally positioned just moments away from quality of shops and public/private schools. The location gets even better, just 2 minutes to Brisbane Airport and only 15 minutes to the CBD.
Property Features
- ITS BRAND NEW!
- 5 x 1 Bed Apartments (Fully self contained)
- 2 Garage Park + lots of off street parking
- Large communal space + Extra kitchen facilities
- Private gardens
- Solar Panels
- $88,400/yr rental return, close to 9%
Location Benefits
700m | Doomben Race Course
1kms | Hendra Train Station
2kms | Brisbane Airport
2kms | Portside Wharf
10kms| Brisbane CBD
Adjacent to
- The Dining Hub of Hamilton
- The New Village Centre
- The Broader Ascot Community
- The New Urban Oasis
Land Size: 401m2 Rates: $538p.q Water: $583p.q
This property is a must see! Call Adam on 0437 669 426 or Clive on 0416 199 796 to book an inspection.
