You’ll be amazed at how this 2 Bedroom, 2 Bathroom Apartment (Dual Key with 2 separate tenancies) will NETT you almost Double that of the Return on your Money in the Bank. That’s rightafter all expenses and outgoings this Toowong Apartment in a sought after location will return you approx. 5.4% Nett Return on an annual basis.
To put this into perspective and to look at it another way, the average investment property (houses or units) generally only Nett after expenses and outgoings (not including depreciation and negative gearing aspects) a Nett Return of approx. 2.5% – 3% annual yield. This is also in-line with the amount of Interest the Banks are currently paying on cash investments. Ask yourself the question, which investment type would you prefer to have? A cash-cow or an investment that is barely keeping up with inflation?
With a full 12 month tenancy in place on each part of the apartment (Dual Key, means 1 apartment, split into 2) this is one of Toowong’s most profitable investment properties on the market today. The property offers balconies with picturesque views and leafy surrounds, along with very modern kitchens with stainless steel appliances, rangehoods and dishwashers. The bathrooms are a very practical and provide a simple layout, which means cleaning is a breeze.
Situated close to the newly redeveloped Toowong Shopping Centre and only a stone’s throw away from buses, trains and plenty of restaurants, this is a serious heart starter for the astute investor. It’s also not that far from the UQ at St.Lucia.
What more could you want as an investor, or someone looking for a convenient place to live whilst renting out the other apartment to provide some additional income?
Only serious Investors need enquire! For a Fact Sheet and confidential conversation with Toowong’s Unit and Apartment – Real Estate Specialist, Elliott Dean, call him directly on his mobile NOW!!!
Close to Schools,Close to Shops,Close to Transport,Secure Parking,Terrace/Balcony