Experience the pulse of the city with this stunningly presented one-bedroom apartment in the prestigious “Mode Apartments”. Nestled in the heart of Newstead, Unit 805 at 42 Wyandra Street offers breathtaking views of both the river and the city from its spacious balcony, perfect for unwinding with friends or sipping a drink after a long day. With on-site management, low body corporate fees, and strong investment yields, this near-new apartment is a remarkable find for first-time buyers, downsizers, and investors alike.
As you step inside, you'll be greeted by a spacious kitchen and dining with ample storage, a large bathroom, and a separate laundry area to keep your space neat and tidy. The open-plan living and dining area flow into the kitchen, which boasts stone benchtops, ample cooking space, and a stunning view of the surrounding suburbs.
The bedroom features a generous built-in wardrobe, while ducted air-conditioning throughout and a fan in the bedroom ensures comfort all year round, even during the warm Brisbane summers. Slide the balcony doors open and immerse yourself in the gentle breeze and stunning city skyline views. This modern apartment is also equipped with a security intercom system, providing added peace of mind and the convenience of knowing who's visiting without leaving your home. The apartment also offers access to a rooftop barbeque space for socializing and admiring the expansive views, as well as a meeting room for those who need to work from home or meet clients.
Additional features of this apartment include one secure car space, low body corporate rates of approximately $1014, Brisbane City Council rates of approximately $400, a sinking fund of $605,439.67, and a rental appraisal of $575 - $600 per week. The current lease ends in December, making it ready for you to move in, and it boasts a yield of 6.93%.
This apartment's central location is minutes from the Gasworks Shopping Centre and a short stroll from the highly-acclaimed James Street precinct. Take a leisurely walk along the Riverwalk, catch the ferry over to the CBD to explore all that Brisbane city has to offer, or utilize one of the many nearby buses for your daily commute. A secure parking space is provided for your convenience, keeping your vehicle safe while you come and go as you please. New Farm Park is just a stone's throw away, ideal for picnics or jogging, while the Brisbane Powerhouse is close by for comedy and art enthusiasts. Numerous breweries and bars nearby offer a variety of drinks and delicious meals, perfect for socializing and enjoying the inner-city living lifestyle.
This is an incredible opportunity to own a one-bedroom apartment in the heart of Newstead, within walking distance to some of Brisbane's best amenities, coffee shops, and restaurants. Contact Nicholas McCluskey on 0416 121 550 today to schedule your inspection.
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