Renovate to perfection of rent it out!
Welcome to apartment three, Arila Lodge, representing Potential Plus in a location second to none. Consider these two options: Do as other owners in the building have done in completing beautiful renovations, including the addition of a second bathroom, or buy and hold. Investors will appreciate the advantage of the close proximity to the rental goldmine that is the University of Queensland, plus it's just a stroll to all imaginable amenities in the Toowong Village precinct, including train, bus and ferry to the CBD.
As regards access, privacy is assured as the apartment occupies the whole floor. Entering via the secure garage, the lift door opens directly into the apartment where immediately one is drawn toward that impressive cityscape panorama, with the Brisbane River dominant in view north to the city and east up the reach towards the University of Queensland.
As one would expect, the lounge, kitchen and balcony are at the eastern "view end" of the apartment. Access to bedrooms, dual fire escapes, laundry and bathroom is via a wide central hallway. The large main bedroom is at the end, adjacent to the bathroom. Three bedrooms have large built-in cupboards, and all have huge sliding windows ensuring a light airy ambience. Recent lift refurbishment, new video intercom, and other maintenance has been completed.
The location is as good as it gets for this type of property. A 250m walk gets you to Toowong Village catering to all shopping needs and an array of eateries including award-winning restaurants. The famous Regatta Hotel is just 600m away, as is the CityCat Ferry terminal for an easy boat ride to the City, 4km down river. Toowong Railway Station, just 4 stops from the CBD, sits under the Toowong Village Complex. The University of Queensland is 3km up river, easily accessible via the Bikeway or the very regular BCC Bus Service. There is ample free street parking for visitors.
Selling as Vacant Possession by Auction - We are serious sellers looking for serious buyers!
3/40 GLEN ROAD AT A GLANCE
* 3 bed, 1 bath, 1car
* Panoramic river and cityscape aspect
* Options to either renovate or rent out
* Fabulous Location:
250m to Toowong Village,
250m to train, only 4 stops to CBD
600m to Ferry service, Regatta Hotel
3km to Uni of Queensland
4km to Brisbane CBD
* Gross Internal Floor Area 132sqm (approximately)
* General Rates $713.69 per qtr.
* Water Rates $211.96 per qtr.
* Body Corporate Fees $2,631.38 per qtr.
All distances approximate, direct line
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