$525,000
The apartment offers a fantastic buy for investors with a net return of 5.6% paying $660 per week and tenants locked in for a new 12 month lease. Embracing a vibrant cosmopolitan lifestyle, this furnished apartment in The Manor at St Lucia is a wonderful opportunity for investors.
Positioned with direct access to the University of Queensland, various sporting facilities, recreational areas and bikeways/running tracks around campus.
Contemporary design with well-proportioned, functional living spaces offer a great indoor/outdoor flow. Glass sliding doors open to the entertainer's balcony with fantastic views, presenting a haven to unwind surveying the glittering pool.
Filled with natural light and neutral colours, you will be surprised at the amount of space and storage the unit has to offer. The floorplan comprises a well equipped kitchen, bathroom and air-conditioning throughout for added comfort.
Three well sized bedrooms, including a master set with its own private ensuite, offer privacy within dual living arrangements.
Residents in 'The Manors' not only enjoy living in a secure complex, they also benefit from all the university facilities, as well as being within close proximity to major shopping centres in Toowong and Indooroopilly and public transport.
Breakdown of costs is $4329 Body Corporate per year, council rates $1404 per year totaling a $28,587 approximately return per year.
Those searching for a long term investment with a strong rental return and capital gain, or a family size apartment adjacent to all of St Lucia's amenities, are encouraged to inspect now.
10 James Street, Fortitude Valley QLD 4006
0438 767 377
ALEX RUTHERFORD
0417 877 828
