$120,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 1312/108 Margaret Street, Brisbane City QLD 4000
Floorplan of Homely apartment listing, 1312/108 Margaret Street, Brisbane City QLD 4000
Second view of Homely apartment listing, 1312/108 Margaret Street, Brisbane City QLD 4000
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Sold

1312/108 Margaret Street, Brisbane City QLD 4000

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$120,000

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  • 1
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Apartment Sold on Fri 6 Aug, 2021

What's around Margaret Street

Apartment description

“SOLD UNDER THE HAMMER BY DREW XEREZ!”

Perched high on the 13th floor, this 'UniLodge on Margaret' apartment provides residents with plenty of natural sunlight, breeze direct from the Brisbane River, and pleasant furnishings creating a fantastic learning environment.

This property makes for smart investing with an immediate strong cash flow; 'UniLodge on Margaret' on-site management makes finding future tenants easy with a 7-day onsite management team.

Property features:
- Studio apartment
- 1 Bathroom
- 22sqm on the 13th level
- Air Conditioned

Equipped with an abundance of communal spaces to enjoy, the complex covers all bases:
- Outdoor terrace with swimming pool & BBQ area and seating
- Short stroll to QUT Gardens Point + Free Shuttle bus to QUT Kelvin Grove
- Bus Stops virtually at your doorstep
- Onsite convenience store
- Licensed cafe / restaurant
- Large communal Laundry
- Commercial-grade kitchen
- Student lounge + student dining rooms

Perfectly positioned on the 13th floor, with breezes directly from the Brisbane River, this unit makes for a shrewd investment with a strong return of over $1000 per calendar month rent during the most recent tenancy.

A great investment, but equally practical if you want an economical base to live and work from in the heart of the CBD. UniLodge is very popular as it is conveniently located near QUT, Queen St Mall, the Botanical Gardens and a multitude of dining options and other amenities. It is also located within 300m of the new Queens Wharf Precinct, which will increase the attractiveness of this position furthermore in years to come. The outgoings are very reasonable, so this could be a very smart and low risk addition to a high yielding investment portfolio.

For information regarding the Brisbane Inner City property market please go to raywhiteiba.com.au/news

*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 - This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Building details

Area: 22m²

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