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The enviable location of this studio apartment positions it at the heart of the booming Brisbane landscape, ensuring a steady stream of income. This a strong, secure and profitable investment. The ?Shafston Mansions? building boasts extremely low vacancy rates, fortifying its appeal for investors seeking consistent rental income and minimized risk.
Property Financials:
- Brisbane City Council Rates: $480 per quarter
- Body Corporate Rates (including electricity): $915 per quarter
- Water: $285 per quarter
- Current Rent: $375 per week
- Lease Status: Leased until 19th March 2024
Based on these figures the yield is 6.4%
The property's proximity to upcoming infrastructure, vibrant amenities, and thriving attractions makes it an irresistible prospect for astute investors seeking both immediate returns and long-term value growth.
Property Features:
- Exceptional 21m2 studio apartment
- Ideal for market newcomers and first-time homebuyers
- Ample built-in storage solutions
- Efficient kitchen with generous storage space
- Includes a convenient study nook, ceiling fan, and portable air conditioner
- Windows for natural ventilation
Amenities at Shafston Mansion:
- Recreational lounge
- On-site laundry facilities
- Fully equipped indoor and outdoor gym
- Cafeteria and business services
- 24/7 on-site building management
- Secure swipe card access for top-tier security
Location Advantages:
- Proximity to upcoming Kangaroo Point Green Bridge for easy CBD access
- Close to dining, cafes, bars, and public transport
- Nearby attractions: Brisbane River, Captain Burke Park, Kangaroo Point Cliffs, and Story Bridge Hotel
This exceptional studio apartment at 802/188 Shafston Avenue presents an outstanding investment opportunity. Boasting a solid yield of 6.4% and a lease until March 2024, it's a lucrative option for investors seeking a strategic foothold in the vibrant Kangaroo Point area. With a perfect blend of financial stability, extremely low vacancy rates, convenience, and attractive amenities, this property is a compelling choice for those looking to capitalize on Brisbane's thriving real estate market.
Don't miss out - seize this opportunity and invest in your future today!