40 Carl Street, Woolloongabba QLD 4102

Offers to Purchase closing COB Friday 8th October 2021

- 19 Apartments - 15 two bedroom ensuited and 4 one bedroom
- 500m to PA Hospital and Buranda Shopping Centre
- Completed 2013 - Built by Tomkins Construction
- Full building security - secure basement car parking and storage cages
- Extensive building depreciation still available
- Current Gross Income $ 410,280.00 PA
- Brisbane Olympics 2032 Precinct

*(Please note the RE.Com has system limitations and there are 34 bedrooms in the building)

Carlisle was commissioned by the current owners as a well position intercity residential investment, with construction completed mid 2013.

Modern high end finishes have been used throughout the building which, along with the superior inner city position, have ensured strong rental returns and low vacancy rates.

Larger than normal floor plates and clever design, plus large balconies and courtyards, provide a lifestyle to tenants not always seen in the residential arena.

The property is now for sale in one line by offers to purchase closing Friday 8th October at 5pm. There are set open for inspections times mid week and on the weekend. A complete Information Memorandum (IM) is available from the selling agents.

Residential investments like this are few and far between in the marketplace, and with construction costs skyrocketing for new builds, do not miss this truly unique opportunity to purchase an established fully tenanted property.