$185,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 2403/108 Margaret Street, Brisbane City QLD 4000
Floorplan of Homely apartment listing, 2403/108 Margaret Street, Brisbane City QLD 4000
Second view of Homely apartment listing, 2403/108 Margaret Street, Brisbane City QLD 4000
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Sold

2403/108 Margaret Street, Brisbane City QLD 4000

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$185,000

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Apartment Sold on Fri 2 Dec, 2022

What's around Margaret Street

Apartment description

“SOLD BY KAI LIU!”

Perched high on the 24th floor with Brisbane River and Botanical Garden views, this 'UniLodge on Margaret' apartment provides residents with plenty of natural sunlight, breeze directly from the Brisbane River, and pleasant furnishings throughout, creating a cozy inner city pad.

With reasonable outgoings and a high rental yield, this apartment is the perfect inner city investment opportunity! This apartment has one of the largest studio layouts in the building of 25sqm, which includes a balcony, along with exclusive rooftop access which is not provided to all lots.

The current lease is ending soon, so there is an option to move in straight away or rent the property out. This property makes for smart investing with an immediate strong cash flow and this opportunity won't last long on the market - register your interest today!

Property Features:
- Studio apartment
- 1 Bathroom
- Balcony with river botanical garden and city views
- Plenty of natural light and breeze throughout
- Exclusive rooftop access that is no provided to all lots in the building
- Air Conditioned
- Approx. 25sqm with balcony on the 24th level
- Fully furnished
- Current lease is ending on the 24th of January 2023, so there is an option to move in straight away or rent the property out
- Rental potential of $350 to $400 per week fully furnished

Equipped with an abundance of communal spaces to enjoy, the complex covers all bases:
- Outdoor terrace with swimming pool & BBQ area and seating
- Short stroll to QUT Gardens Point + Free Shuttle bus to QUT Kelvin Grove
- Bus Stops virtually at your doorstep
- Onsite convenience store
- Licensed cafe / restaurant
- Large communal Laundry
- Commercial-grade kitchen
- Student lounge + student dining rooms

A great investment, but equally practical if you want an economical base to live and work from in the heart of the CBD. UniLodge is very popular as it is conveniently located near QUT, Queen St Mall, the Botanical Gardens and a multitude of dining options and other amenities. It is also located within 300m of the new Queens Wharf Precinct, which will increase the attractiveness of this position furthermore in years to come. The outgoings are very reasonable, so this could be a very smart and low risk addition to a high yielding investment portfolio.

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

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