Solid investment in perfect CBD location adjacent new Train Station with approx 4.3% net return!
1304/79 Albert Street, Brisbane City
Now you can have LARGE size for small $$$ … with this well-designed furnished apartment … and enjoy its great returns too.
Large glass sliding doors, opening from the living/dining area, provide a seamless transition from indoor to outdoor living onto the spacious balcony of 23sqm.
Food preparation is a joy in the elegant, contemporary kitchen with its stainless steel appliances with gas cooktop, dishwasher, breakfast bench and ample cupboard spaces.
Optimising space and offering good storage capacity, the bedroom is good-sized with generous built-ins, and also opens onto the balcony.
Located in central city position, 'River City' residents enjoy its great facilities: an outdoor pool and spa, sauna, terraced BBQ facilities, professional gym …
… and don’t forget the restaurant, coffee shop and take away food stores that are located within the residential complex so you don’t even have to leave the building!
With Queen Street shopping mall, Botanic Gardens, QUT, finance & business centre and great restaurants and the Cross River Rail Train station ( when completed in 2024 ) at your doorstep this is perfect for anyone who works or studies in the city.
Investor Snapshot
>This apartment is currently leased on a long-term basis, and investors enjoy a rental return of $415 per week till June 2020.
>Approximate 4.3% net return of $12,320 p.a after all expenses.
>Brisbane CBD vacancy rate a low 2.1%
Body Corporate fees: approx. $3,586 p.a. (when paid on time)
Council & Water rates: approx. $2,618 p.a.
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