How often do you get a chance to get into a good property with heaps of potential?…Never?! Theyre few and far between, so youll need to be among the first to see this entry-level New Farm property.

Unit 2 at 39 Sydney Street is an ideal property for any first home buyers, or for those investors seeking good holding stock that is going to appreciate in leaps and bounds. And thats what you can expect in New Farm!…Values have risen considerably in the last six monthsand theres no reason why it shouldnt continue given the ever-increasing numbers of people immigrating to the best suburb in Australias best state.

This solid cavity brick unit with its two bedrooms, one bathroom including laundry and good-sized lock-up garage is an excellent entry into the market, particularly as it offers considerable scope for improvement and value-adding.

The living area is tiled throughout and flows to the small balcony with a leafy outlook of native Australian trees. Mornings are filled with sunlight, breezes and bird-calls; the two large bedrooms both have built-ins and the large window in the main bedroom allowing for lots of natural light. You can certainly afford to leave these rooms as they are, but the same cant be said for the kitchen and the bathroom. Theyre in need of a makeover, but theres no need to go straight-out and start the renovation.

Take the time to relax in your new apartment, get a good sense of your space; and when you do finally decide to undertake the renovations remember that therell be plenty of dollars added to its value.

This unit is only a short walk to the river and city cat ferry stop, and theres a bus stop just 50 metres down the road.

An excellent long term tenant is currently in residence until 6 December 2007 paying $265 per week; there is a possibility for a rent-rise and for the tenant to stay-on.

Brisbane City Council rates are approximately $1400.00 per annum
Body Corporate Rates are approximately $1360.00 per annum