Firstly, for those who don’t know Hillcrest…this block of apartments sits on one of the most exciting block so land in Brisbane and offers the next owner two massive upside opportunities. Firstly, the apartment is huge and if a small amount is spent on it you could significantly increase the rental returns. Second is the longer term prospect of having a developer buy this block of land and pay out well above the market as the size of the block of land considering how many units are located on it equates to a sizable valuation per unit.

Or for those of you who are looking for a great place to live and…well….one of the largest 1 bedroom apartments in Brisbane then this is a must inspect….and when I say must, if you are looking for property and don’t come and have a look at this then you’re not serious about finding that golden property opportunity that always feels so elusive.

So, the facts are this.

The property is fully furnished and is currently bringing in $20,000 per annum in the Hotel Pool, but this could easily be privately rented for at least another $5000 per annum and with a bit of work on the apartment you could possibly get more.

Hillcrest Apartments is a short walk to everything and offers great facilities including spa, sauna, restaurant and tennis court as well as heaps of visitor parking.

The Body Corporate Levies are $6,500 per annum and the council rates are $1250.

To arrange your private inspection please call Tavis on 0414 376 182 or email tavis@housian.com.au