The property has been recently valued at more than this but overseas sellers need funds for other projects and have come clean with their bottom line. This is not a motel style unit but a genuine one bedroom style unit with a great rental return and low body corporate fees as no pools, lifts for onsite manager costs.
This is a dynamic 59sqm 1 bedroom unit with a design that allows it to turn into a two bedroom with the use of a folding door. Located the City end of Kangaroo Point this property has proven to be an in demand rental for since being built in 1995. With a the current tenant secured until Mar 2018 at $350 per week. Rates are $1404 and Body Corporate Fees $2701.80 per year with a rental income of $18,200.
* Enclosed Patio with awning providing additional living space and privacy
* White goods to include Dishwasher, Clothes Dryer, Washing Machine and Refrigerator.
* Ability to change from one bedroom to two bedroom with great two way robe providing room divider to allow wardrobe access from either room.
* Located for easy bus to Fortitude Valley and City and also River Ferry to the City.
Inspections are invited providing suitable notice to tenant.