Discover an exceptional investment opportunity with this modern apartment located in Upper Mount Gravatt. Boasting an impressive rental income of $33,280 per annum ($645 per week) and a 8% net return, this property is perfect for astute investors. Situated on the ground level, this unit offers private access via a massive entertaining balcony, providing a perfect blend of indoor and outdoor living.
The spacious modern layout features three bedrooms, each with its own ensuite, making it an ideal choice for tenants. Located in a high demand area, the property enjoys a low vacancy rate. Moreover, it's phenomenal location allows residents to walk to everything, including being just 1 km away from Westfield Mt Gravatt and within effortless proximity of both Griffith Uni campuses.
Now let's get down to business, please see the annual figures for this investment:
$33,280 rental income p.a
$4,100 body corporate per year p.a
$2,964 management fee p.a
$1820 council rates p.a
$1,300 for utilities p.a
$1,200 for Water p.a
A quick look at the highlights:
- Exceptional investment opportunity: rents for $33,280 per annum ($645 per week) with a 8% net return, body corporate $3,900 per annum, property management fees $2,964 per annum and rates $1,820 per annum
- Ground level unit with private access via a spacious entertaining balcony
- Modern layout featuring three bedrooms with ensuites
- High demand area with low vacancy rate
- Phenomenal location within easy reach of Westfield Mt Gravatt and both Griffith Uni campuses
The location of this apartment is incredibly convenient for students, couples and professionals. Commuters and day trippers have easy access to the Pacific Motorway, while the area itself is rich in amenities, with schools, childcare, buses, parks, and shops all within walking distance. Westfield Mt Gravatt, a designer shopping, fine dining, and entertainment mecca, is only 1 km away and both Griffith Uni campuses are easily accessible, making it an ideal choice for students.
- 120 m to Little Darlings Early Development Centre
- 150 m to the bus stop
- 200 m to Clairvaux MacKillop College
- 230 m to St Bernard\u8217?s Catholic School
- 280 m to Mount Gravatt Park
- 450 m to Upper Mount Gravatt State School
- 550 m to Upper Mount Gravatt Kindergarten
- 1.4 km to Macgregor State High School
- 2.1 km to Griffith University, Nathan Campus
- 4.9 km to Griffith University, Mount Gravatt Campus
This modern apartment is situated in the highly coveted Genesis One apartment building, prominently positioned on central Logan Road. Residents can enjoy access to a luxurious on-site pool, making it a wonderful hub for students.
What sets this ground level unit apart is its private access via a door leading to a secluded entertaining balcony, perfect for relaxing or hosting gatherings. The sliding doors from the balcony open up to reveal a spacious and contemporary interior.
Step inside to an open-plan, tiled living zone that offers a versatile space for relaxation and entertaining. An air conditioner and ceiling fan keep the area comfortable year-round.
Tucked away in the corner is the contemporary kitchen, complete with electric appliances and a dishwasher. A cleverly designed cupboard houses a laundry nook, ensuring convenience and functionality.
This apartment features three carpeted bedrooms, each equipped with a built-in robe, a ceiling fan, rear balcony access, and a modern ensuite. This setup caters seamlessly to students, but it's also ideal for couples or families seeking convenience.
The apartment also comes with an intercom system and security system, providing an added layer of comfort and safety.
Don't miss out on this fantastic opportunity to own a modern apartment with exceptional rental returns and a convenient location. Contact Rob Senic and Kosma Comino today to find out more and arrange a viewing.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Desma Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 33 628 090 951 / 21 107 068 020
View more
View more
