205/50 Garden Terrace, Newmarket QLD 4051

Perfect for an owner occupier or investor chasing a great return.

Having been utilised for the last 12 months as an AIRBNB rental property the returns have been extremely strong. Even through this difficult COVID period the property has had a 90%+ occupancy rate at $90-$109 per night. The property has been returning approx. $590/wk.

As it has been used as an AIRBNB it is still in immaculate condition as has been professionally cleaned after every stay.

Therefore there are multiple options to either:
1) Keep running the AIRBNB and reaping the fantastic returns
2) Close the AIRBNB account and occupy within 45 days
3) Close the AIRBNB account and convert to a long term rental

'Garden Terraces' is a rare opportunity to secure a brand new two bedroom apartment in the trendy city fringe suburb of Newmarket.

The Apartment

• Two bedroom / two bathroom
• Boutique project of only 26 apartments
• Secure basement car park
• Open plan internal/external living areas
• 2.7m high ceiling to living area
• Split system air conditioning to living and master bedroom.
• Light, bright and modern colour schemes
• Bosch kitchen appliances

The Location

Newmarket, Brisbane

• Brisbane’s fastest selling suburb - new apartments are rare
• 700m to Newmarket Village & Reading Cinemas
• Median house price of $800,000
• 5 km (14mins) to Brisbane CBD and 17km (17min) to Brisbane airport
• 100m to bus stop and 600m to Newmarket train station

Call to arrange an inspection.