8/40 Nicklin Street, Coorparoo QLD 4151

On the back of the Olympics 2032 announcement, Brisbane has never been in a better position for Investors to capitalise on the City’s projected growth, with the Property Market estimated by the experts to double before the Olympics start.

Situated in Coorparoo, an exclusive multi-million dollar suburb, sits this recently constructed apartment, only 4km from the City and close to all the amenities that the locals enjoy.

Consistently Rented, with an outstanding Tenant in place until Jan 2022, this property is returning 5.1% to the current owner. Low Body Corp’s of $750/ qtr approx. in a tightly held complex of only 10 apartments, with a full Depreciation Schedule available to bolster the investment and capitalise each year at tax time, you won’t find a better ‘set and forget’ investment in the current market.

The features include but are not limited to:

- 1 great sized bedroom with built in robes
- Functional main bathroom
- Open plan kitchen, stone benches, stainless appliances & Servery
- Internal laundry
- Ample storage
- Large dining & living areas flowing onto a dream balcony
- Ducted air conditioning
- Secure car accommodation
- 2nd floor location with a nice aspect
- High level of finishes & fixtures

Adding to these incredible features is the location! Only a 1.5km walk to Coorparoo train station. Even closer at approx 500m walk are multiple bus stops and lots of shopping & cafe options. There is a reason why Coorparoo is so popular!

Motivated Seller, open to reasonable terms if required by the incoming buyer, this is the perfect entry level opportunity.

* Whilst every care has been taken in the preparation of this advertisement, it is for guidance only. This owner and its agents make no warranty or representation as the accuracy, reliability, currency or completeness of the information herein contained. Illustrations, diagrams and photographs are for presentation purposes only.