711/108 Margaret Street, Brisbane City QLD 4000

This A-plan, 18m² internal studio, is positioned on the 7th level and fully furnished with a single tenant in place. This popular Unilodge on Margaret Street has a vacancy rate of below 1%. It is highly sought after not only by interstate and overseas students but also by young professionals who enjoy the inner-city lifestyle.

These studios are solid performers in terms of rental yields. The current lease agreement expires in January 2024 with a handsome rent of $665 per fortnight. The tenant is likely to renew the lease once it expires, though it is very easy to rent out if the current tenant moves out.

The annual body corporate fee is around $2,800 with virtually no maintenance fees and very low outgoings.

The building offers the following amenities:
• Large reception area
• On-site management
• Lap Pool (4th level)
• Covered BBQ area
• Communal kitchen
• Communal dining hall
• Communal lounge/study area
• Communal media room
• Communal paid laundry
• A herbal garden

** Disclaimer: Photos used have been staged for the purpose of the sale. We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur.**