This is a precious opportunity to Live in Brisbane City’s prime location.
Or Invest here where there is literally no more land to build - ensuring continuing capital growth - and high rental returns , currently at 6% p.a approx.
Positioned at the heart of Brisbane’s Central and Financial District .
Close to the beating heart of Brisbane’s entertainment scene - the Howard Smith Wharfs and Brisbane’s newest Entertainment Precinct - Queens Wharf.
Just outside the soon to be completed Cross River Rail Station.
The apartment is very clean and well maintained and has 1 bed , 1 bath ( with an actual bath) and large enough to include the laundry, plus study ( actual study with door). Total area 53m2.
Included in the sale are the furniture and finishings ( fully furnished) .
Set in a hotel environment with Mantra hotels manning the reception, providing additional security and luxury at the lobby ground level.
Apartment Features:
- 1 bed, 1 bath plus laundry, study, living and dining areas and kitchen
- Tiles in living area and kitchen. Carpets in bedroom
- Fully furnished
- North - East aspect at the living area : views to City and plenty of natural light and ventilation into the apartment.
- Bedroom has a north east aspect
- Study / office has a door for privacy and is positioned close to the entrance of the apartment to facilitate convenience where used as an office.
* The bathroom has shower and an actual bath and is large enough to include the laundry ( clothes washing machine and electric clothes dryer are included).
- The kitchen has gas stove and oven plus dish washer, refrigerator , microwave oven and cutleries
- The dining area has dining table
- The bedroom has a queen / double bed and bedside table and curtains
- The living room has comfortable sofas, television and curtains
- Ducted air conditioning
- Intercom unit to facilitate visitors’ call
- NBN internet is available.
External features:
* Lap pool, sauna, gymnasium, BBQ and leisure areas, visitors parking
Body corporate , rates and rents:
- Body corporate fees, include Sinking fund and insurance : $7,029 a year ( $1,757 per quarter or $135 a week)
- Sinking fund balance : $2,002,098 as at 29/1/25
- Brisbane City Council rates: $2,030 per annum
Tenancy : The current tenancy ends on 23 March 2025.
Current Rent is $520 a week.
Distance score:
- Just outside the soon to be completed Cross River Rail Station
- short walk to : Queensland University of Technolgy; Botanic Gardens; Howard Smith Wharfs restaurants and pubs; the exciting Queens Wharf with the Star Grand Hotel, Star Casino, Dorsett Hotel, Queens’s Wharf Residences; Brisbane River Loop and Riverline- river walk and bicycle track; Central Train Station; City Bus way, shops, supermarket and all conveniences such as banks, Post Office, etc.
Property Code: 1105
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