Fantastic returns all year round, this investment opportunity is one of the best that money can buy. With a current rental income of $635/week, this is a really low maintenance, easy option which you can just leave on the books for years to come while the money keeps rolling in. Altitude is a popular complex for students and young professionals because of it’s ease of access to transport, shopping centres and universities plus the fact that all units come fully furnished. This particular unit is in very good condition, no extra money needed to be spent upfront. Onsite management takes care of the rental so you can sit back and let everything be taken care of whilst your bank account grows.
Features:
* Currently rented at $635.00 per week: lease renewal 07/01/15
* 3 bedrooms – all with built in robes + fans
* 2 bathrooms
* Single secure car space
* Low vacancy rate
* Full time on site managers
* Covered Deck with nice outlook over pool
* Air-conditioning in living/kitchen area
* Internal laundry
* Carpeted throughout
* Functional kitchen with breakfast bar
* Secure intercom entry with lift access
* Complex features 2 pools, multiple BBQ areas, gym and community laundry
* Footsteps to Taringa Train Station and buses, minutes from Indooroopilly & Toowong shopping centres and University of Queensland
Brisbane City Council rates:$1177.24 per annum
Body Corporate fees: Approx $4600 per year
Year built:2002