This apartment makes the ideal investment property, with a long term corporate tenant currently renting the property for $550 per week and about to increase to $600. It not only yields a good return but is assured of capital growth with the completion of the Riverpark development. Located just 2klms to the CBD and a twenty minute drive to the airport Newstead is repidly becoming one of Brisbane’s most prestigious suburbs.

The apartment enjoys river views and river breezes. It has instant appeal with its contemporary, modern design, polished wooden floorboards and New York style kitchen. It also comes with two car parks, a valuable commodity in built up areas within close proximity to the CBD.

Size: 84sqm (internal)
Body Corp: $5,200 pa (approx)
BCC Rates: $1,600 pa (approx)