2/9 Lockhart Street, Woolloongabba QLD 4102

Lifestyle: Take this opportunity to jump on to that property ladder today! Whether you are a first time buyer or an investor this charming one bed apartment is a fantastic way to enter the property market and start enjoying all the benefits that cosmopolitan Woolloongabba has to offer. Just around the corner from the weekend markets, bars and restaurants. Only a few minutes walk away from South bank and the mater hospital. Excellent transport with Park road train station only 500 meters away and also easy access to the CLEM7 and M3 motorways.

Accommodation: Enter through a beautiful private, paved courtyard including a garden bed for growing herbs, this one bed unit has a combined kitchen and lounge area that leads onto the bedroom with a small walk in robe and an attached ensuite. This property is well shaded from hot summer days and being a corner flat benefits from cross ventilation breezes.

Features: There is a covered carport and storage area to the rear of the block. The flat includes ceiling fans in both the living area and bedroom, gas is used for cooking and for hot water. There is a deadlock on the main door and security bars on all windows. The approximate gross rental yield would be around 5.7% which is well above the average gross rental yield for 1 bed units in Woolloongabba, currently at 4.0%. Being an inner city location there is very high rental demand and also strong capital growth, 3.4% over the last 12 months for 1 bed units in this part of Brisbane.