Just 650m from The Gabba, this inner-city gem is the perfect new addition to building your investment portfolio.
With public transport at the doorstep, this property is in incredible high demand for tenants and occupiers alike.
This complex sits on a 826m2 corner block with two-street frontage, with a compilation of 18 units making it a high interest location for potential future development in the heart of the Woolloongabba/East Brisbane district.
With privacy, low maintenance and a great location across from Woolloongabba Rotary Park, this won’t last long!
Whether you are looking to purchase in a Self-Managed Super Fund, cross-securitise with your home’s equity or move in yourself, you’ll be thrilled with the return over the coming years as rent continues to climb.
Don’t delay, contact Caiti today!
THE NUMBERS
Built 1992
Current Rental Yield – 6.5%
Current Rent – $320/week (until 13/03/25)
Rental Appraisal – $350-375/week (upon renewal)
Next Rental Yield – 7.5%
Council Rates – $430/quarter
Body Corporate – $908/quarter
LOCATION
300m to Stanley Street Bus Stop
450m to South City Square Shopping Precinct
650m to The Gabba
1km to Buranda Train Station
1.7km to Princess Alexandra Hospital
3km to Greenslopes Hospital
3km to QUT Gardens Point
4.5km to Brisbane CBD
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.