11/554 Main Street, Kangaroo Point QLD 4169

A fantastic opportunity for those looking to enter the property market, or to attain a positively geared investment with minimal outlay!

Centrally located on a large corner block with genuine development opportunity, this studio apartment offers a great ROI and is priced to sell!

- Current Rental Income - $18,771 p.a.
- Current Strata Fees - $2,430 p.a.

With a bright, northern aspect and kitchen and bathroom both in very good condition, this fully furnished studio apartment offers a spacious layout. The property has a proven history of solid returns and extremely low vacancy. It is currently tenanted for $360 per week, meaning returns from day one!

Features include:

- Air Conditioning
- Fully furnished
- Close to shops, cafes, bus, parks and the iconic Kangaroo Point cliffs
- On-site laundry facilities
- One car space
- Genuine potential for future development
- Tenant already in place

Contact Lindsay Brown on 0410 285 581 to enquire today!