Stunning modern apartment block in a fantastic location!

Located only 6 kilometres from the Brisbane CBD, this property consists of five spacious apartments each sized at approximately 140m2. The apartments are modern and stylish and feature exceptional finishes and air conditioning throughout.

Four apartments have 3 bedrooms, 2 bathrooms and a car park and one apartment has 3 bedrooms, 2 bathrooms and two car parks.

Situated in an area with a great community feel, it is close to coffee shops, parks, public transport and bike paths, and offers easy access to the Brisbane River and the University of Queensland.

It’s also minutes from the Queensland Tennis Centre which hosts the annual Brisbane International tournament, and the Yeerongpilly Green precinct, which features a supermarket, boutique cinema, health and wellness facilities, restaurants and independent boutiques.

Current rental yields:
Apartment 1 – $480 p/w
Apartment 2 – $450 p/w
Apartment 3 – $480 p/w
Apartment 4 – $450 p/w
Apartment 5 – $450 p/w

Total = $120,120 approx. with a potential to increase to $131,560 to $136,760 pa approx.
Rent has also been appraised at $510 to $550 per week with our rental appraisal report available on request.

Outgoings:
Rates: $8,138 pa approx.
Water: $3,771.60 pa approx.
Garden maintenance: $1,300 pa approx.

Total = $13,209.60 pa approx.

This block is an exceptional long-term investment opportunity offering solid rental yields. Contact Domenico for further information or to book a private inspection.