317/30 Festival Place, Newstead QLD 4006

Located at the heart of Newstead in the Gasworks precinct encapsulates a world of luxury, exquisite architecture, quality and beauty all at a superb location.

This exquisitely designed apartment boasts open plan living areas with floor-to-ceiling glass doors, feature designed kitchen with entertainer's bench top, integrated digital ready study and a generous sized balcony with stunning views. It also features marble finishes, European appliances, privacy and security with an intercom system and card-controlled access to secure basement parking, lobby and lift areas.

In addition to the apartment's luxurious features, resident facilities include a heated 25m pool, resort style gardens, BBQ facilities with dining & entertainment area and car parking for guests.

Below are some key facts of this property:
• Council rate: Approx. $450/Qtr (Figure 2)
• Body Corp: Approx. $1205/Qtr (Figure 3)
• Current rental: $450/wk(lease expired on Feb 2024)
• Potential rent: $520-$540/wk , potential gross yield: 6.3%+ (Figure 5)
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• Check out the walk through video:
https://youtu.be/SaMsKXFZhq0

Features include:
- 1 spacious bedroom
- 1 stylish bathroom
- Balcony
- Gourmet kitchen
- Food waste disposer
- European appliances
- Dishwasher and Dryer
- Reverse cycle Air conditioning
- Intercom, secure access & Secure Parking

Enquire today for more details!