2/85 Deakin Street, Kangaroo Point QLD 4169

CHEAP INNER CITY STUDIO
This property is ideal for the astute investor who would like to purchase an inner city Studio Apartment, 40m2, with a Courtyard. The property is furnished and is being leased on a short term agreement on a lease back with the Quest Apartment Management. The apartment is in the Quest rental pool and is grossing $380 per week with low out-goings Managed under the QUEST Lease Agreement.
The Quest Apartment block is located in close proximity to the City Cat Ferry, the Free City Hopper to the CBD and the City-Circle Bus that now leaves from Kangaroo Point. The Famous Story Bridge Hotel, shops, restaurants, and bars. Building features include a well equipped gymnasium, key card building security access, swimming pool, BBQ and basement parking for all apartments.

Brisbane City Council Rates and Water $543 per Quarter
Body Corporate $879 per Quarter
Low body Corporate fees for this area

Asking price $225,000.

Can only be purchased for investment as the By Laws will not allow Owner Occupier