220/66 Manning Street, South Brisbane QLD 4101

A fantastic opportunity to secure a sleek, contemporary investment property located in the Brisbane State High Catchment of the near new complex "The Plaza". This modern one bedroom is perfect for owner occupier and investors. Currently under the NRAS Scheme, receiving $11,114 per year government incentives making this property with a steady income stream.

Situated directly across from Musgrave Park, this property is perfectly positioned in the heart of the Cultural Precinct making it walking distance to all that it offers such as, fine dining restaurants, cultural pursuits, major entertainment, and exhibitions. Walking distance to the Brisbane CBD and only minutes from the lively street scenes of South Bank and West End. This property is all about location!

The seller's instruction is clear, must be sold before Easter! All offers in writing will be considered!

Property features:
- Large bedroom with a built-in study nook.
- One modern bathroom
- Open plan living
- Northeast facing with ample natural light
- Stylish kitchen with stone benches & stainless steel appliances
- Ducted air conditioning and ceiling fans throughout
- Intercom access, secure complex with onsite management
- Approx. 53 sqm on the 2nd floor

*NRAS agreement - 10-year term - starting November 19 2014
*Agreement Managed by AMC - one of Australia's largest NRAS providers
*Current NRAS rent $245 per week unfurnished until 10/11/2019 after 30% NRAS rent
reduction (Market rent of $350 per week)
*NRAS incentive amount of $11,114 received for the 2017/2018 NRAS year and will be $11,192 for the 2018/2019 NRAS year

Building Features:
- Roof-top swimming pool with views of the CBD
- Fully equipped gym
- Professional and friendly on-site management
- Access to High-speed NBN and Foxtel

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