5.7% Net Return or The Perfect Home!
Perfectly positioned within a boutique complex of only 8 apartments, this spacious and high quality 2 bedroom apartment is 8 years old and offers an exceptional investment opportunity or the perfect low maintenance home.
Summary of Features:
– Generous open plan, air-conditioned living and dining room
– Modern Kitchen with quality fixtures and fittings
– Two bedrooms both with build in robes
– Entertainers balcony
– Modern bathroom
– Internal laundry
– Dedicated car space in secure car park
– Off street parking
– 6 minute drive to Brisbane CBD
– 6 minute walk to Buranda Village (400m)
– 12 minute walk to Buranda Train Station (850m)
– 12 minute walk to Princess Alexandra Hospital (850m)
– 11 minute bike ride to Greenslopes Private Hospital (2.5Km)
– 2 minute walk to bus stop
– 14 minute to the very popular Lady Marmalade Café (850m)
– 15 minute walk to Stones Corner Hotel (1km)
– 6 minute walk to Hanlon Park Greenslopes linking you to Greenslopes leisure parkway
– Body Corporate Fees approx. – $917 p/q
– Rates approx. – $430 p/q
– Water approx. – $295 p/q
Currently tenanted at $320/week (NRAS), plus receive a tax free NRAS payment of over $11,100 per annum – Equates to approximately $533/week! Approx. 2 years left on NRAS allocation or option to remove allocation for owner occupier/standard investment. Non NRAS return $400-$430 pw.