Sometimes you run into properties that just tick over thick or thin and this is one of those properties. Grossing 5.9% in what some would call a soft rental market shows what this property can offer. Updates have been made which make it a well appointed and presented apartment attracting different types of tenants.
Currently we have two fantastic tenants who have a lease which goes through until August 2021. They present the property immaculately. Yes, the photos in our advertising is how they live! So even if you are buying this to move into next year then you know the property is in good hands.
With the Gailey Fiveways shops a short walk away, buses at both ends of the street and the train station 800m there is a lot to like about the location. The University of Queensland is also close by as is the Toowong Village.
If you are looking for a well finished budget friendly courtyard apartment close to transport and amenities, then put this on your list!
Large private courtyard
Floating floors throughout
Air conditioning in the master
Fans in both bedrooms and the living room
Covered parking for one vehicle
Close to buses/trains and central Toowong
Complex built: 1975
Lots in the complex: 4
Current lease: $350/week until 4 Aug 2021
Brisbane City Council fees: $415.95 per quarter
Current sinking fund balance: $30,474.08 as of 25th November 2020