A Positively Geared Rental with Room for Spontaneity!
Students or young couples starting out on the property ladder or those looking for a great Brisbane City Pad will love renting this property! It’s a perfect crash (and it’s already rented until early next year).
A durable kitchenette and bathroom complete the picture in this apartment on level 5, so nothing for the landlord to do except add another property to the portfolio. It’s only a 2km hop, skip and jump to the CBD or QUT – cycle, scooter or walk.
There’s a gym onsite so you don’t have to pay any extra fees to workout, and the rooftop terrace supplies an additional area to entertain friends. And you’ll love being able to stroll across to the Story Bridge Hotel for a pub lunch on Sundays.
YOU’LL LOVE . . .
+ The strong rent returns – $300 per week, that’s a gross yield of 10% plus. After costs it’s 6.7% nett
+ Imagine what it’ll go for during the Olympics
+ Furnishings are included and your new property is tenanted until Jan ’23
+ Mowbray Park – a scenic as well as handy spot with the ferry terminal right here
+ Ferry connection will have you in the heart of the City in no time
+ The easy walk to The Gabba, PA and Mater Hospitals
INSIDER’S SECRET . . .
+ Owning a positively geared property means your accountant will love you!
SNAPSHOT . . .
+ RENTED AT $300 PER WEEK
+ BODY CORP $757 PER QUARTER
+ RATES $430 PER QUARTER
+ WATER $210 PER QUARTER