Approx 6.9% gross return, fantastic opportunity for investors or owner occupiers!
550m to Auchenflower Train Station, 550m to Regatta City Cat, 1.2km to Toowong Shopping Village, 3.2km to the Brisbane City, you can’t get more convenient than this! This two bedroom, two bathroom apartment is positioned at the rear of the top floor of the Chasley Apartments. Recently upgraded with brand new carpeting, paint and blinds throughout - this spacious unit boasts, an open plan design, bringing the lounge and dining space to meet a full corner kitchen, with electric appliances, ample storage and double sink. Natural light filters through extensive glazing and full height glass sliding doors. These offer easy access to the cute balcony, where you can enjoy an elevated position. Both spacious bedrooms feature the same extensive glazing and built-in robes. The master bedroom includes a well-appointed ensuite with shower. The other bedroom lies footsteps from the central bathroom with bath/shower combination, vanity and laundry space. This apartment is the ideal opportunity for first time buyers, investors and downsizers, looking for a potential to upgrade their portfolio, invest in a “growth” suburb or secure their first piece of real estate in today’s booming market. Located right across the road from the Wesley Hospital, only minutes from the heart of the CBD, this fantastic complex is moments from public transport, local parks and the Bicentennial Bikeway tracing the Brisbane River. Additional features include on site management facilities and a reception area, car space, potential rent of approx. $400.00 - $450.00 per week with a long term tenant or an option to lease it through the short term holiday pool in the building. Gross return is based on $400 per week rent. Additional Information: Council Rates: $393.97 per quarter (approx.) Administration Fund: $1,342.50/qtr (approx.) Sinking Fund: $646.64/qtr (approx.) Insurance: - Total Contributions: $1,989.14/qtr (approx.) 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.
