Facing Dengate Lane, this low maintenance Gailey Road apartment is quiet and currently leased until October 2020 at $310 per week. If you’re looking for a budget friendly two bedroom apartment in a great suburb with low holding costs then this could be it.
The complex is at the Toowong end of St Lucia making a walk to the Toowong Village an easy stroll. You’re also on the night bus run for UQ or 90m away from the closest bus stop. If you’re looking at getting to West end or Southbank then why not take the CityCat from Guyatt Park? It’s also a fantastic way to get into the CBD.
Sitting on an 1,100m2 block the site is underdeveloped by current standards opening up the opportunity up for a future buy-out. In the meantime enjoy the reliable rent with UQ and Ironside State School providing plenty of reason for your property to continue producing income even in more difficult times.
Available for private or virtual inspection only please contact me directly to arrange a time.
East facing apartment away from Gailey Road
Secure lock up garage with ~9m2 raised area for storage.
Solid brick complex of only 12 apartments
Close to the bus route
Master bedroom over 11m2
Functional floorplan to maximise usable space
Complex built: 1976
Units in the complex: 12
Body Corporate Fees: $540 per quarter
Brisbane City Council rates: $406.90
Lease: $310 per week until October 2020
Government School Catchments: Ironside State School, Indooroopilly State High School, Queensland Academy for Science Mathematics and Technology
|R&H Suburb Summary||Houses|
|Number of sales||53|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||2 %|
|R&H Suburb Summary||Units|
|Number of sales||126|
|Median Rental Price||$410 p.w.|
|Change in Rental Rate (5yr)||-7 %|