If you want a ‘Sit and Forget’ investment with incredible returns in the Brisbane State High catchment, this property is the one to be considered. Initially built in the mid 2000′s, the complex was designed with investment in mind to maximise the investors’ returns.

The apartment is set up, so each room is individually rented on its own lease and has been safely returning significant rental yields since inception. Whilst vacancy rates are extremely low, with the property being set up this way, you are still obtaining investment income from the other if one becomes vacant.

They are currently providing a gross rental income of approx. $798, which is an extraordinary return for inner city property. The ongoing costs are extremely low, and the vacancy is almost non-existent.

The features are as follows (but certainly not limited to):

* 4 Bedrooms, all on individual leases;
* One bathroom with two separate toilets;
* A well-positioned kitchen & dining leads to balcony;
* The apartment is furnished in the common area; &
* Located in the emerging area of the West End precinct.

Not only offering ideal investment criteria, it also offers location and lifestyle benefits that has come to be expected from the suburb of West End:

* 600m to ALDI Center;
* 750m to West End Ferry Terminal;
* 1.5km to main dining precinct;
* 2km to Brisbane State High School;
* Easy bus access to the Brisbane CBD.

A thriving city fringe location with a hive of new development and infrastructure. The Brisbane State High precinct is one of the most sought-after opportunities within the greater Brisbane property market. The concept is investment GOLD!

If you are an owner-occupier who wants a way to break into the Real Estate market, this opportunity should be considered. Secure the apartment, and you could easily rent out the other 3 bedrooms and receive approx.-$ 620 a week income, which will assist with covering the mortgage and associate costs.

One of the persons integral to the original concept, the current seller, is nearing retirement. The time has come to de-leverage and capitalise on other life opportunities. Call now to discuss the full details.

*Photos are limited due to current tenants’ privacy.