1410/104-108 Margaret Street, Brisbane City QLD 4000

$140,000+

1 beds

1 baths

BANKS OFFERING LITTLE TO NO RETURNS – UNIT 1410 OFFERS 6.0% NET YIELD

Presenting the ideal self managed super fund investment or the cheapest owner occupier’s residence in Brisbane CBD.
Currently lease on a long term agreement for $285.00 per week which the on-site management trading at a high 95% - 100% occupancy right throughout the year resulting in one of the highest yielding most consistent incomes an investor or owner occupier can buy.
The body corporate just completing a large series of renovations to the complex and the sinking fund still sitting at over 1 million dollars proves that Uni Lodge is extremely healthy.
Unit 1410 being a strata titled apartment offers many opportunities to the investor as you are able to self-manage the apartment, lease through an outsourced agency, or even live in the apartment which does not restrict you in how you wish to gear the investment.
Located to all three major Universities, shops & cafes, Language schools and all the transportation a tenant or an owner occupier needs, Uni Lodge is literally unbeatable when it comes to location providing absolute convenience at its best to all who occupy the building.
Unit 1410 offers the following:
A type – 18 square meters
Kitchen & bathroom
Fully furnished
Completely refurbished
Leased until 2017
Returning $285.00 per week
Low body corporate fee’s
High, High Yields
Uni Lodge boasts the following:
On-site management
Security access
Communal area – Lvl 4
Lap pool
Free wifi
Communal Kitchen
Communal Laundry
Healthy sinking fund
BBQ area
Banks are returning a little over 2.0% yield at the moment and having Uni Lodge offer above 6.0% net this apartment truly is a safe haven for the investor looking for a set and forget cash cow

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1