Investors Attention!!!
This positive cash flow dual key apartments offers the flexibility of being rented out separately. It is conveniently located in the Sebel building at the intersection of Albert and Charlotte streets, allowing you right across from the newly-built Cross River Rail station. It’s a short stroll away from the QUT campus, Queen Street Plaza, and the newly developed Queens Wharf Precinct.

Below are some fees for this property:

Council+water rate for both units (1606&1607): Approx. $4,300/yr (including water bill)
Body Corp for both units (1606&1607): Approx. $10,500/yr
Landlord insurance for both units 1606&1607: Approx. $750/yr
Management Fee: Approx. $3700/yr
Total Cost: Approx.$19,250/yr
Total Income: Approx.$48,880/yr ( Potential: $56,160/yr)
Net Income: Approx. $29,630/yr ( Potential: $36,910/yr)

Property Features:
Overall: 1 bedder + 1 bath + 1 secured car park & 1 studio with kitchenette + 1 bath are rented separately( total current gross rent: $940/w, potential renewal rents: $1080/wk)
Fully Furnished
Dual key high yield investment with flexibility
Long term secured leases
Positive cash flow, over 8.4% ( potential 9.7% after renew ) gross rental yield

Room 1606 on level 16
- 1 studio +1 bath+1 kitchenette
- Recently refurbished
- Fully furnished
- Currently renting for $380/wk till 13/10/23 and future renew rental: $430/wk based on the rental manager apprasial.

Room 1607 on level 16
- 1 bedder+1 bath
- Recently refurbished
- Fully furnished
- Currently renting for $460/wk till 18/08/23 and future renew rental: $550/wk based on the rental manager apprasial.

Car park:
- Currently renting for $100/wk till 10/07/23.

Building Facilities:
- Reception
- Outdoor heated swimming pool
- Well equipped gymnasium
- Sauna
- Restaurant in the Lobby

This is a rare opportunity for investors, as apartments in Brisbane CBD are in high demand and selling quickly. If you are interested, please contact Yoyo at 0401 942 680 to schedule an inspection.