Price Reduced for Immediate sale
The instructions form the vendor are clear as day - this investment must be sold. Meticulously renovated and maintained, this studio apartment is in the best location in Spring Hill and is returning $360 p/w. A long term lease is already in place with the onsite management, which means the $360 p/w is net to you - no property management fees to come out of this.
- Fully furnished
- Secure building with seven day reception
- Walking distance to the CBD and all Brisbane has to offer
- Emporium, China Town, Queen Street, South Bank all in walking distance
- On the free Loop bus stop and just 400 meters to Central train station
- On-site facilities include swimming pool, gym, High Speed WIFI and BBQ area.
All this and cafes / restaurants / shops, transport and CBD all at your fingertips.
Body corp. fees approx. $1,123 per quarter
Council rates and water approx. $313 per quarter
Rent $360.00 p/w
Purchase price $209,000
Gross Yield 9.6 %
Property Code: 233
Lot/Plan No: 15/SP133085