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Opportunities like this rarely present themselves - Dual key apartment with 2 separate car spaces, regarded as the most favorable in the building. Massive income potential of approx $47,500 NET after Property management fees, body corporate fees and council rates & water.
Located in the heart of the Brisbane City at The Sebel Brisbane, this dual key apartment offers a unique investment opportunity. Positioned on level 27, these two apartments under one title are 93sqm in total: 1 bedroom apartment with car space and a studio apartment with car space, fully furnished, equipped with ducted air-conditioning, built-in robes, and refurbished bathrooms.
Rental potential with a permanent rental income of approx. $1,300 per week with a long term tenant (approx. $700 for the 1 bedroom unit and approx. $600 for the studio - both apartments with their own separate car space). Property can be removed from the Hotel Pool with 30 days notice. This unique property is particularly attractive to savvy investors. But it doesn't limit the owner occupier looking to move in.
Body Corp Fees:- Approx. $11,345 p.a.
Council Rates & Water: - Approx. $2,800 p.a.
Two separate & secure car parks - (#7 on level 1 & # 33 on level 2)
2706:
- 1 Bedroom apartment
- 1 Spacious bedroom
- Modern bathroom
- Fully furnished
- Balcony with city views
- Fully ducted air conditioning
- Potential permanent rent of approx. $700 per week fully furnished with a permanent tenant
- Washing machine facilities
2707:
- Studio apartment
- Fully furnished
- Modern bathroom
- Large window allowing for ample of natural light
- Fully ducted air conditioning
- Potential permanent rent of approx.$600 per week fully furnished with a permanent tenant
- No washing machine facilities - You can modify the apartment to include
Building Facilities:
- Reception
- Outdoor heated swimming pool
- Well equipped gymnasium
- Sauna
Close proximity to The Queen's Wharf Brisbane precinct, a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, a pedestrian bridge to South Bank and river boardwalks. The Waterfront Precinct (Eagle Street Pier Development) Entertainment Area and the new Albert St train station which will allow you to get in and out of the City quicker and easier than ever before.
For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.
If you require FIRB please advise the agent in writing and visit - https://firb.gov.au/ to ensure that you are in a position to buy.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.