2014-2015/255 Ann Street, Brisbane City QLD 4000

This is an excellent opportunity to secure a quality cash positive investment in 'The Adina Apartments' right in the heart of the Brisbane CBD.

This fully furnished dual key apartment is located on the 2nd floor and is ideal located close to central train station and walking distance to the Queens St Mail.

Apartment 2014 - $330pw Studio apartment fully furnished until 16/01/2019
Apartment 2015 - $410pw 1 Bedroom apartment fully furnished until 30/09/2018

Total Income $740.00 per week x 52 = $38,480 per annum
Less
- Management fee - 6.589% - $2,535 pa
- Body corporate fee - approx. $12,000 pa
- Brisbane Council Rates - approx. $1,200 pa
- Urban Utilities water - approx. $800 pa
- Total Net Amount of Income - approx. $21,945 pa

Apartment Features:

- Two bedrooms
- Two bathrooms
- Dual key flexibility
- Quality furniture package
- Total area 68sqm
- Luxury foyer area and restaurant

*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.