Complete block of 15 brand new units built over 2 land titles.

The block was completed last year.
All units are 2 bed, 2 bath 1 car (aside from 2 units with 2 car spaces.)

(Due to website limitations, it shows 16 bed, 16 bath, 16 car. The complex has 15 x 2 bedroom units, all have 2 bathrooms so it has 30 bedrooms and 30 bathrooms.)

3 Storey with single lift. No pool, no gym.
NOT strataed as yet, so you can keep it in the existing 2 titles and avoid Body Corp fees until you decide to sell off individual units somewhere down the line.

Your only outgoings would be council rates which are approx. $1,600 per year on each block.

The building is almost fully leased out, with just 2 units remaining. We expect to lease these by mid February.
We manage the entire building (no onsite manager).

Total yield, assuming the last 2 units are leased will be approx -$325,000 per annum.
This represents a gross return of approx 5.4-5.5%.

Stylish and well-appointed throughout, these apartment provides ultra-convenient living, with exceptional lifestyle and modern finishes.

The Development
- Boutique development of just 15 apartments, some with views to the Gateway Bridge.
- Sizes start from 77sqm Internal, 14sqm Balcony, 91sqm total through to larger units being 86sqm Internal, 21sqm Balcony, 107sqm total.
- Lift servicing the 3 levels making it easy to bring your shopping up from the carpark.
- Low body corporate levies of just $677 per quarter.
- Open plan living area flows to oversize balconies
- 2 generous sized bedrooms with built-in wardrobes
- Stone kitchen benches, internal laundry and storage
- High quality European appliances
- Split system air conditioning to living room and master bedroom
- Ceiling fans in both bedrooms
- Upper floor apartments have fantastic easterly views capturing cool breezes
- Security building with intercom and lift access
- Ideal location near shops (Westfield Chermside only minutes away), transport (Clem 7 and ICB and Airport Link Tunnels) and Gympie Road bus lines.
- Short walking distance to Bradbury Parklands
- 3 primary schools and 2 high schools in Kedron are on top list (2015) in Brisbane

For Investors -
As an excellent prospect for an investment property, youll enjoy the following location and infrastructure features that will drive growth and tenant demand:
- 350 meters from Bradbury parklands
- 1 km from Westfield Chermside and bus interchange. Westfield is currently undergoing a major expansion that will add more fresh food, clothing, lifestyle and entertainment options in 2017.
- 1 km from Prince Charles Hospital and Holy Spirit Hospital, and short distance to Royal Brisbane Womens Hospital.
- 8 kms from Brisbane CBD and Brisbane Airport
- Easy access to Clem 7 and ICB and Airport Link Tunnels and Gympie Road bus lines.
- Potential to have NRAS credits applied as the building is pre-approved. Please speak to the agent for more details.

Please speak with Daniel Goodwin for more details on 0412 656 600.