Set within the conveniently located Quest on Story Bridge hotel complex, this spacious 72sqm, high yielding, one bedroom apartment presents an exciting opportunity for investors!
Situated in one of Brisbane's most sought after suburbs, Kangaroo Point is currently one of the nation's hottest locations and has shown strong historical capital growth. This is due to being only 1km from the Brisbane CBD with ease of access to major employment hubs, infrastructure and amenities, including the Gabba Stadium Precinct upgrade for Brisbane 2032 Olympic Games, new Cross River Rail station, Kangaroo Point Green Bridge, World Class Queen's Wharf Precinct, Waterfront Precinct at Eagle Street and Howards Smith Wharves Precinct, as well as Universities, local schools, transport, shops, parks and hospitals.
Walking distance to the new proposed Kangaroo Point Green Bridge. A $190 million dollar development, Linking our City Centre to the Kangaroo Point Peninsulas, the bridge is anticipated to cater for up to 10,000 trips per day and significantly reduce the number of cars crossing the river every year. The pedestrian-and-cyclist-only bridge will connect Alice Street and the Botanical Gardens to Scott Street at Kangaroo Point, also accessing the new Brisbane Riverwalk that is currently under construction. Link - https://raywhiteinnerbrisbaneapts.com.au/news/green-light-on-green-bridge
The Queensland Government is planning for the exciting New $1b Stadium: Gabba to be rebuilt as the main Olympic stadium, bringing unprecedented and updated amenities to local residents which will create fantastic capital growth for properties in the area. Link - https://raywhiteinnerbrisbaneapts.com.au/news/gabba-games-to-stimulate-suburb-growth
Lease & Return:
- CURRENTLY IN AN AGREEMENT WITH QUEST GETTING APPROX. $1,754.79 PER CALENDAR MONTH
- THE CURRENT LEASE END DATE IS 14TH OCTOBER 2022 WITH A FURTHER 4 X 5 YEAR OPTION
- KEEP IN MIND IF YOU ARE AN OWNER OCCUPIER, YOU CAN NOT LIVE IN THE PROPERTY, AND HAS TO BE PURCHASED AS AN INVESTMENT
- ALL THE FURNITURE BELONGS TO CURRENT TENANT QUEST
Property Features:
- From the property's heart, a spacious open-plan living and dining area seamlessly links to a large patio (partially covered). You will also find a tidy galley-style modern kitchen showcasing quality appliances and ample cupboard storage.
- Completing the residence, a sizeable bedroom is fitted with a built-in mirrored robe and desk. There is also a well-appointed main bathroom and a spacious internal concealed laundry.
- Benefitting from secure parking for one car, the apartment also includes air-conditioning and security screens. Residents will also appreciate the complex's exceptional swimming pool, barbecue facilities and onsite management.
- Streets away from the Story Bridge Hotel, Sea Legs Brewing Co., Captain Burke Park and FitAzFk gym, this brilliant property is also near the Dockside Ferry Terminal and popular river walks. The fashionable Howard Smith Wharves, Eagle Street Pier, James Street, Queen Street Mall and South Bank precincts are also easily accessible from this address.
The seller is motivated and committed to selling! Call, Text and Email 24/7 to arrange a viewing with us!!
Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of the information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
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