This 2-bedroom apartment located in the popular Festival Towers, offers a remarkable opportunity for investors seeking a high return & capital growth and owner occupiers looking for the vibrant inner city lifestyle. This apartment is situated in the ever-evolving CBD, a thriving precinct with desirable locations such as Botanical Gardens, Queens Wharf, Cross River Rail, Queen Street Mall and the upcoming Eagle Street Pier redevelopment, only a short stroll away.
Enjoy the functional 87sqm floor plan, complete with an enclosed alfresco dining area, creating the perfect space to relax and unwind. With the utmost convenience of entertainment, work and leisure this is the prime location to invest or live in.
Property features:
- Two spacious bedrooms master with views of South Bank and Brisbane River
- Two bathrooms, including an ensuite for the master bedroom.
- A car space located on C.167 - Level B3.
- A storage compartment located on level S.32D
- Open plan living on the 32nd floor - Total 87sqm
- South Bank, Brisbane River & City views
- Large alfresco balcony
- Modern kitchen featuring a gas cooktop & dishwasher
- Currently rented at $850 per week, furnished, until 5th of October 2024
- Rental potential of approx $920-$950 per week once current lease expires.
Festival Towers building facilities include a pool, spa, sauna, and gymnasium and BBQ area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away.
Only approx 1 minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day. Link https://www.colinwalsh.com.au/cross-river-rail/
Only approx 5 minutes walking distance to The Queen's Wharf Brisbane precinct, which will be a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link - https://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/
For information regarding the Brisbane Inner City property market please go to colinwalsh.com.au.
This fantastic opportunity will not last - register your interest today.
*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.