63/189 Leichhardt Street, Spring Hill QLD 4000

With an elevated position on level seven and a pleasing view of Brisbane city, unit 63 at 'The Ridge' on Leichhardt Street is a great opportunity to secure a high yielding investment in a convenient location at exceptional value!

Ideally positioned only short stroll to the vibrant Brisbane City, far away enough from the congestion but close enough to all the action and convenience, it is on the doorstep of many excellent shops, bars and cafes, as well as public transport. Currently in the hotel short-term letting pool, it can also be rented long term, or simply kept as your inner-city pad.

It comes furnished with the refurbishments already done. The complex is extremely well managed and maintained with some recent upgrades, including a recently renovated entertainment room, billiards table, sparkling swimming pool, gym and BBQ area - It represents amazing value for such an outstanding location and amazing building facilities.

This property sits in the middle of some huge infrastructure projects that are coming to Brisbane, such as the Queens Wharf precinct in the city, the Cross River Rail, Victoria park Redevelopment and more. It's amazing opportunity to capitalise on the future growth of Brisbane.

Call Anthony to book a private inspection on 0430 028 254.

Additional Information:
- Furniture and white goods included
- Currently in the hotel letting pool
- Returning on average approx $1,500 net per month (in hotel letting)
- Long term rental appraisal $375 per week unfurnished
- Long term rental appraisal $475 per week furnished
- Body Corporate fees $1,452 per quarter
- Sinking Fund Balance $1,163,684.15
- Council Rates $470 per quarter