10/75 Sir Fred Schonell Drive, St Lucia QLD 4067

The combination of a low purchase price and fantastic rent returns of $315 per week makes this convenient one bedroom unit a very solid investment. Vacancy rates are extremely low due to the proximity to the University of Queensland and the transport options to get to the CBD quickly.

Facing the inside of the complex, anyone concerned about road noise will be pleased to know this apartment is sheltered so is quiet inside, perfect for those needing to study in peace.

The complex is solidly built and body corporate fees are very reasonable especially for the area. Rates are also low meaning holding costs are very attractive for investors or those looking to secure their first property.

Our current tenant's lease ends in January 2016 giving you options in the new year. The professional couple currently there are taking excellent care of the property and are keen to extend their stay should you be looking for an investment.

Not that often do St Lucia apartments come up at this price and when they do they're usually snapped up. Call today to find out how you can become a St Lucia owner!

Features
* Low maintenance
* Low entry price into a blue chip suburb
* Fantastic rental return & little vacancy
* Convenient location, close to amenities & transport
* New oven & fridge, bed & washing machine also included
* Lock up garage
* Ironside State School catchment area

Close to: University of Queensland, Ironside State School, Guyatt Park, bus, Toowong Village, Indooroopilly Shopping Centre, St Lucia Golf Links, Indooroopilly State High School, St Peters Lutheran College, Perrin Park, Brisbane Boys College, Toowong train station

Brisbane City Council rates: $305.47 per quarter
Body Corporate fees: $667 per quarter including insurance
Construction date: c1960
Lots in complex: 14
Current lease: $315/w until 1st Feb 2016