Beautiful “W4″ in Teneriffe is the latest Woolstore to undergo refurbishment.

This 2 bedroom, 2 bathroom original “Sawtooth” ceiling apartment is a split-level design spread over 82sqm of internal living.

Enjoy the convenience and comfort of secure parking, high ceilings, large windows and air conditioning as well as cross ventilation and natural light.

Timber posts and beams are features of an original Woolstore and have been left exposed to create the unique ambience only a refurbished Woolstore apartment can bring.

The building features an indoor lap pool and gym as well as a spectacular atrium – a communal space for residents that contributes to the special feel of a Woolstore and enhances light and breezes.

Located in the heart of the Teneriffe cafe precinct across the road to the river front and ferry terminal, W4 had more to offer than just a piece of history, location is the future key to this investment.

The Newstead River Park development that is currently underway is set to enhance the area with more residential, retail, river walks and parklands continuing the trend of great capital growth and more demand for investment properties.

The apartment is currently renting for $410 per week on a 6-month lease term expiring in August 07. The Body Corporate Fees are $65 per week and the Council rates are $1300 per annum (approximately).

Inspect this apartment by appointment.

Call Nick McGuire on 0412 372 615 or email him on nickmcguire@prd.com.au to arrange a time.