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Offers Over $430,000
This classy apartment offers exciting opportunities to receive fantastic return on your investment either through capital growth, rental return or Airbnb income . And here's why;
Location;
You're in the inner city, just 4kms to the CBD, 15 minutes to Brisbane Airport, within walking distance to portside, James St, Gasworks, and you can smell the steaks at the Breakfast Creek hotel only a street over. Moreover, get in now as this area is within the heart of proposed 2032 Olympics developments.
The apartment;
This elevated modern apartment has an elegant feel with a smart layout, river views, and quality finishes throughout. There are 2 spacious bedrooms with built-ins, one ensuited and a separate bathroom - both modern with natural light, and ample storage available.
The sizeable kitchen overlooks the living area with views out to the balcony. You'll love the stone benchtops, gas-cooktop, and modern appliances including dishwasher.
The entertaining balcony is spectacular with lofty views of the river, and glimpses of the city.
Rental potential;
This property is currently tenanted until 15 February 2023 and apartments in this complex have always been strong renters.
Albion has surging population growth, with an increase of 15% in the last 5 years. Units have seen growth of almost 30% over the last three years and 17% in the last 12 months.
The current weekly rent is $460/w and is at a reduced amount due to the lift not being useable. It is expected that the lift will be in working order before the end of this tenancy. The rental appraisal with a useable lift is $500-$550/week.
Don't miss your chance to secure this incredible investment opportunity. We are taking this property to Auction so call Josh now on 0412 518 782 or inspect at one of our listed open homes.
Fees;
$1503.27/Qtr
Sinking fund balance at at May 2022 = $88,726.22
Don't miss your chance to secure this incredible investment opportunity. Call Josh now on 0412 518 782 or inspect at one of our listed open homes
562 Samford Rd, Mitchelton QLD 4053
Call Josh Smith on
0412518782
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