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.
