This very well looked after 2-bedroom apartment is located on the 2nd floor at the front of the 5-storey building, currently vacant but should be able to achieve around $450 to $470 p/w rent in todays market.
Body corp. fees approx. $108.00 p/w
Rates and water approx. $65.00 p/w
Potential Rent $450 to $470 p/w
Purchase price Offers over $360 000
Gross yield 6.78% * based in $470 p/w rent
Property description:
Two bedroom both with mirrored built-in robes
Bedroom 1 has air con and ensuite plus its own access to the balcony
Main bathroom plus ensuite, both with shower and toilet each
Open plan living and dining areas with air con with beautiful city and hillside views from the living room and balcony
Kitchen with European stainless-steel oven, rangehood and dishwasher plus ceramic cook top with plenty of overhead cupboard space.
Secure basement parking for one car with an allocated secure storage space
Access to roof top entertaining area with city views.
Lift and security card access
Just 6km or 10 mins from the CBD. Easy walking distance to bus stops and train station
Close to major and local shopping centres allowing plenty of shopping choice.
A very walkable suburb with 35+ restaurants, cafes and bars nearby. 1km to Enoggera Army Base, 900m to Newmarket State School, 4.1km to RBW Hospital, 350m to Sedgeley Park and Newmarket Olympic Pool.
Built approx. 2016 – 46 apartments in total for the building.
This is a must for your investment portfolio with a prime location and excellent presentation to complex, making this a must to act now.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite property, its principals, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
