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Overview
South Brisbane
This residential apartment in South Brisbane offers a comfortable and modern living space ideal for owner occupiers seeking a well-appointed home. The property features two bedrooms, two bathrooms, and a single car parking space, providing ample accommodation for individuals or small families.
Spanning a total floor area of 96 square meters, the apartment is situated on level 15 of an award-winning building developed by ARIA, known for its quality construction and design excellence. Residents can enjoy spectacular mountain views from the elevated position, enhancing the living experience with natural scenery and a sense of tranquility.
The apartment has been fully furnished and recently updated with new flooring throughout, ensuring a fresh and inviting interior environment. This turnkey condition allows for immediate occupancy without the need for additional renovations or furnishing.
Investment-wise, the property has demonstrated strong performance, having been purchased in December 2022 for $735,000. Within six months, it experienced a 10% capital growth, reflecting the desirability and potential of the location and building. The apartment is currently rented out at $850 per week as of July 2023, yielding a gross rental return exceeding 6%, making it an attractive option for investors seeking stable income and growth prospects.
The client profile for this property includes individuals looking for a two-bedroom apartment, preferably furnished, to move into or rent out. The off-market acquisition of this fully furnished unit highlights the exclusivity and demand for such properties in South Brisbane.
Overall, this apartment combines modern amenities, excellent location, and strong investment fundamentals, making it a compelling choice for owner occupiers and investors alike.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
South Brisbane QLD 4101
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 96 m² |
Market Insights for South Brisbane QLD 4101
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