501/60 Park Road, Milton QLD 4064

ANOTHER SOLD IN MILTON BY THE DOCTOR. If you are looking for similar please call Jeff Smith on 0432 00 33 55. ON TOP OF THE WORLD! This top floor apartment has amazing river and city views (check out the video) combined with the perfect inner city location with so much within easy reach. Check out the drone photos and key points below. This is a great weekender (or use during the week) for the owner to stay and enjoy the lifestyle that this fantastic location has to offer. This is the perfect getaway home for busy people who want comfort, convenience and lifestyle in a fantastic location that offers so much. This is a no brainer for the smart savvy buyer who wants lifestyle more than anything else.

This apartment is ideal for an individual or couple that frequent inner city Brisbane for work or pleasure and want their own place rather than staying at a hotel or friend's place. Stay whenever you need it; stay for a weekend, stay mid-week, or stay for a month. When not using your apartment, have the friendly professional onsite Cosmo Staff rent it out in the short-term rental pool for you or AirBnB it. So easy. Cleaning and maintenance no problem, the Cosmo Management will also look after this for you.

You will be surprised at how much you will save by not paying regular hotel accommodation in the CBD or close by. Join the others who have recently purchased in the Cosmo Apartments for this very reason (to save you money and make life that much more enjoyable). The math is simple. Call or email today to learn more. Please note, you can't use this property as your principal place of residence, however owners have good rights - call the agent for further details.

ABOUT THE LOCATION
With Roma St Station Precinct upgrade (includes cross-River Rail) and new world class Queen's Wharf Brisbane both under construction, together with the bonus of the Olympic Games being held in Brisbane in 2032 this is a no brainer for the long-term savvy buyer.

• Located on trendy Park Road
• Walk to everything, restaurants, iconic hotels, cafes, bottle shop, shopping areas and cinemas.
• 15 minutes' drive to the Brisbane domestic airport (less to the international airport)
• Brisbane's most acclaimed Chinese restaurant "China Sea - Milton" is a resident in this complex.
• Do you love sports and entertainment - Suncorp Stadium is 1.0 km away
• The Milton Train Station is two streets away (two stops to the city)
• The Milton CityCat Terminal is 150 metres away (one stop to the city, two stops to Southbank parklands, restaurants, museum, performing arts and much more)
• Walk to the City (approx. 2.3 km - 30 min)
• 65-70 minutes' drive south or north to world class beaches
• Do you like walking, running, or cycling - fantastic riverside walkway is just 100 metres away

ABOUT THE APARTMENT
• Stylish 4.5 star one bedroom apartment on Top Floor (Fifth Floor) looking right over the city and Brisbane River
• 49 sqm of living plus use of the secure car park when the owner stays
• Private balcony with fantastic city and 180 degrees river views
• Free High speed WiFi recently installed
• Rare, free car parking available when owner stays
• Tasteful decor and furnishings
• Self-contained kitchenette
• Washing machine and drier in bathroom
• Sold fully furnished
• Airconditioned
• Small gym and large sauna
• Professionally managed by Central Cosmo Apartments if you choose

FINANCIAL INFORMATION ON THIS PROPERTY

The gross revenue for the financial year 1 July 2022 to 30 June 2023 was $41,455. The net revenue for this period after rental management, cleaning, and minor maintenance costs was on average $416 p.w. ($21,680). The gross revenue for Oct 2023 to Jan 2024 when scaled up is similar to the previous financial year ($41,514 cf $41,455).

Further Outgoings
Brisbane City Council Rates Approx. $450 per quarter
Qld Urban Utilities (Water). Approx. $290 per quarter
Body Corporate Fees: Admin & Sinking Fund is $6,863 per annum
Building Insurance = $594 p.a.
Balance of Sinking Fund: $265,788 as of 6 March 2024.

Want a virtual tour no problems. For further information on this property, please call (0432 00 33 55) or email Jeff Smith.