Ideal for the Owner Occupier who has the option to use the whole apartment , or live in the master bedroom and lease the second bedroom.
Or the Investor who requires a return of around 6% per annum.
Only 1.3km ( 17 mins walk or 4 mins drive) to University of Queensland, 6.5km to Brisbane CBD, 10mins walk to Toowong Village Shopping Centre and train station.
This Furnished apartment has 2 bedrooms, 2 ensuites, 2 studies , living and dining area, kitchen and a carpark.
Each bedroom has an attached study and ensuite.
Brief property info :
* Low rise building , 10 years old, 42 units
* 2bedroom, 2 study, 2 ensuite, 1 carpark
* Apartment size including balcony : 95m2
* Timber floors in living areas, carpets in bedrooms
* Ducted aircon throughout ( zoned and has own condenser )
* Furnished with window drapes, sofa, TV (3 , one for each room plus lounge), dining table with chairs, study chairs, refrigerator, washing machine, dryer, microwave, gas cook top, oven, dishwasher.
* Each bedroom has double bed, TV, ceiling fan, ducted aircon, direct access to balcony
Brief Tenancy, rates, levy info:
Lease . Bedroom1 and 2 leased to 23 and 25 January 2023 respectively. Rent: $295 per week.
Tenants pay for : Electricity, gas, internet, hot water.
Owners pay for Water usage : $25 a week approx
Brisbane City Council Rates : $372 per qtr
Body corp levy:$4586 a year ( or $88 a week).
Sinking fund balance at 1/7/22 $428,825.
No Flood into the building and car park : The March 2022 flood did not enter the buildling and the carpark.
Carpark : The apartment has 1 secured ar park. There are 8 visitors parking at the front of the building.
Recreation: The building has a games room holding a billiards table , a cooler fridge , sink for washing. No gym and pool so as to keep common costs low.
Common areas have sensor lightings, again to keep common costs low.
Open home or Inspection by appointment, pls call : Eric Wan 0412 829 255