21/63 Benson Street, Toowong QLD 4066

It doesn't get better than this! Approximately 6% net return or 9% gross ROI. This set-and-forget investment opportunity is not to be missed - a motel unit in one of Brisbane's premiere suburbs.
This studio motel apartment enjoys guaranteed returns irrespective of whether your motel room is occupied or not. Gone are the worries when your property is vacant! The motel unit is leased to the motel managers who run the Benson Court Motel.
There is a guaranteed annual gross income from the property of $11,726 ($977.15 per month) plus GST if applicable, which is increased annually either per CPI index or by 3% whichever is the lower.
This 40m2 studio apartment is well positioned being close to Toowong Village, cafes, restaurants and all forms of public transport.
Quickly put these figures through your calculator and be pleasantly surprised:
Income: $11,726 per annum - $977.15 month
Council Rates: $316.00 per qtr - $1264.00 per annum approximately
Water Rates: $212.00 per qtr - $848.00 per annum approximately
Body Corporate Levies: $1800 per annum
This property is for investment only, and NOT for owner occupiers.
Please contact Juana Bernardo on 0418 775 373 for more an information package today! This will be sold!

Close to Schools,Close to Shops,Close to Transport,Fabulous investment! Walk to everything!