91/300 Sir Fred Schonell Drive, St Lucia, QLD 4067

Supreme investment property situated right next to the prestigious university of Queensland (UQ) St Lucia campus. this rare investment property is suitable for seasoned investment buyer or first home buyer looking to move into a valuable property that will hold its value overtime. This property offers premium rental returns with incredibly low rental expenses. (See below for details)

Why this property is a catch:

1. Supreme location, only 5 minutes walk from the main buildings of UQ

2. The Biggest private courtyard (230 square ft) within the complex over looking UQ playing field.

3. Fully Furnished apartment with appliances included.

4. Currently tenanted at $500/wk with opportunity to increase, current lease ends around Jan 2025. Rental appraisal: $540-560/wk.

5. Secured parking spot can be rented out individually for $280/mth in the very sought after UQ st Lucia campus area.

6. Within school catchment for prestigious Toowong state school and Indoorpilly state High school.

7. Swimming pool and bbq facilities

Investment buyer cost break down:

1. Body corp fee: estimated at $1,070per Quarter, council rates: approx $509, urban utilities rate: approx $205 (excluding water usage)

2. Super low property management fee at 4.99% per mth (exc GST)

Please Call Lester at 0401 825 922 for more details.