3/50 High Street, Toowong QLD 4066

This is the first one bedroom in the complex to hit the market since 2006 and that shows they've performed well for their owners returning strong yields, extremely low vacancy rates and capital growth.

This first-floor apartment has recently been painted and carpeted, is furnished and ready to go! A new tenant has already signed a 12 month lease which is due to start in November for $340 per week! Positioned down the road from the Toowong Village you have quick access to trains and busses to the city plus there's the option to catch a CityCat into the CBD!

With the long awaited 'Aviary' development getting underway across the road at the old Toowong Woolworths site you're sure to benefit from the $450m project which will include a cinema, a host of new food & shopping options plus a large open-air public space that will lift the appeal of the Toowong business district.

Features:
Recently painted and carpeted
Apartment will be sold fully furnished
Modern finish with nothing left to do
Tiled balcony, large enough for entertaining
Affordable inner-city property
Secure entrance
Complex painted last year
On-site visitor parking
Across the road from Toowong Village
Close to trains, busses and the CityCat
Low maintenance

BCC: $416 per quarter
Body Corp: $2,588.4 per year
- $1294.2 Admin Approx
- $1294.2 Sinking Approx
Sinking fund: $39,600
Current Lease: $300 P/W till 23/11/22
Next Lease: $340 P/W till 30/11/22
Built: Circa 2003
Units in Complex: 20
Size: 70m2