Floor plan
Play
This is a true Set & Forget Bluechip Investment situated in the Heart of Brisbane & in the heart of the coming Olympic Games. East Brisbane is an emerging Hotspot & is set to have one of the Highest Capital Growth in Brisbane. With the new Public Transport soon to be completed, Woolloongabba & East Brisbane will be a thriving hub of movement & Growth..
Introducing : 34 Didsbury st, East Brisbane!
Attributes:
- Location, Location, Location!
- Best Nett Yield on the Market!
- $153k+ Returns with room to move!
- Low Low Low Expenses.
- A true Set & Forget!
- Safe & Secure!
- High Growth Bluechip Investment!
The Didsbury street Residences offer returns of a 6 - 8 Pack of apartment Block but with the low expenses of a 4 pack & no Body Corp Fees... With its Location, Location, Location, this investment will have a Very High Capital Growth and Very High Rental Growth to look forward to.
With over $153k+ returns & Low Low running costs this property is a great investment & as a bonus The Didsbury Investment offers you the opportunity & freedom to increase rental returns and use the property in any of the countless ways it can suit & work for you.
The Multifunctional nature of this investment not only ticks the boxes for a solid
Capital Investment & amazing returns, but also provides endless versatility.
Just some of the Multifunctional Opportunities this property provides & offers.
1) Set & Forget straight Income with CPI increases every year.
2) Air BNB 1 or all of the apartments for lucrative Income Boost!
3) Set up your kids, leaving them a each an apartment.
4) Set up your kids financially with Capital Growth and amazing Returns.
5) Move into the penthouse apartment and rent out the other 3 apartments.
6) Move in & take over upstairs (full floor) & Rent Both ground level apartments.
7) Move in temporarily if you are in between homes, projects or renovations.
8) Use one of the apartments as a Brisbane base or holiday home.
9) Land Bank with great returns until you want to build a Beautiful New Home.
Apartment Block Information - A True Set & Forget!
8 Bedrooms, 5 Bathrooms, 3 Big Courtyards, 1 x Massive deck, 7 Carparks & minutes from the City!
Apartment breakdown - Gross Income = $153,660 Per year - $156,000 in January
Apartment 1 - 2 Bedroom 2 Bathroom 2 Carparks $765 pw
Apartment 2 - 2 Bedroom 1 Bathroom 1 Carparks $675 pw
Apartment 3 - 2 Bedroom 1 Bathroom 2 Carparks $715 pw
Apartment 4 - 2 Bedroom 1 Bathroom 2 Carparks $800 pw
Total Per Week $2,955 per week
Gross Income per Year $153,660.00 Gross per year
Renovated VS Renovator - Are you Looking for a renovator to increase yield?
Below is a breakdown of items to consider when Renovating a Block of Flats?
-You may have to wait till tenants want to leave to start your reno.
-Renovation Costs ? Through the roof ?
-Minimum $20/$25k for 1 x bathroom Renovation.
-Renovation costs are Approx $150,000 - $175,000 for a 2 bedroom unit excluding all
Common Areas, Driveways, Landscaping etc. Minimum cost to renovate a 4pack to
a decent level will be $700,000+
-What is the condition of the roof & how much to repair or replace. ( Are there leaks /
Asbestos? )
-How much to change or paint the gutters on a 2 or 3 level building.
-Existing Tenants Frustration from tradesman working on & in the building.
-Loss of rent through the renovation & the reletting process
-Who is going to Manage the Build or Builder? How much time, effort & expense will it take of yours?
What are the benefits of buying a completed Apartment Block Vs Renovating an old block?
This Completed Apartment Block has the following:
-All new Services meaning bare bone maintenance!
-All new Construction built to current codes with Certification.
-Fantastic Income straight away with no Loss of income during the renovation.
-Easier Finance on a completed block than if you had to renovate an old one.
-A Depreciation schedule will be a great asset for money back through tax.
-Tested by time ? No Leaking Roof & No broken pipes?
-No Council & Construction Stress.
-Nothing to Do! - SET & FORGET!
26 Reasons why 34 Didsbury st, East Brisbane outranks the rest!
1) Location, Location, Location!
2) High Quality Blue Chip investment.
3) A true Set & Forget in an up & coming hotspot!
4) Best Nett Yield Block of units on the market!
5) Long term Professional Tenants
6) Built for Professional Living
7) Solid Sustainable Factual Rentals
8) Affluent Architectural Design
9) Every unit has private courtyards or Deck!
10) Deluxe High level finishes with all New Services?
11) Quality Appliances with 5 year Warranties
12) High Quality Renovation Completed
13) Stone Benchtops throughout the Property
14) Stunning 3.2 Metre Architectural Ceilings
15) Entertaining Deck with 5 burner BBQ
16) 7 Onsite Carparks & 2 car spaces directly in front of the Building
17) No Construction / Renovation costs
18) No Loss of Income during time of Renovations & reletting
19) No Body Corporate fees
20) Very Very Very Low Running Costs
21) Purpose Built for Bare Bones Maintenance
22) 6 - 8 PACK RETURNS FOR THE 4 PACK EXPENSES
23) Less upkeep of tenants, repairs & maintenance.
24) Can be bought on Residential Finance Loan - Save $$$$$
25) Gain a Depreciation schedule for Tax Benefits.
26) FULLY RENOVATED Set & Forget!
Inspections are by appointment only to minimise interruptions to tenants
Please Call or Contact John for more information or to book an inspection.
To enquire, please email or call 1300 815 051 and enter code 6588
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 17 | - | Council approved | |
 | 0.31 km | 4 | 3 | -m2 | Year 2024 Month 10 Day 25 | $1,740,000 | Council approved | |
 | 0.12 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 09 | - | Council approved | |
 | 0.29 km | 5 | 3 | -m2 | Year 2024 Month 08 Day 09 | $1,441,500 | Council approved | |
 | 0.31 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 19 | $1,302,000 | Council approved |