Overview

Located in a highly sought-after and secure complex, this one-bedroom, one-bathroom unit presents an excellent opportunity for first-time buyers or savvy investors. The unit features a generously sized bedroom equipped with a large built-in robe, a well-appointed bathroom, and a galley-style kitchen complete with a dishwasher. The open-plan living area is air-conditioned and boasts full-width sliding doors that open onto a spacious north-facing balcony, perfect for enjoying the outdoors.

Additional features include an internal laundry, a single car space in a secure complex car park with automatic gated entry, and ample visitor parking. The complex also offers a BBQ and recreation area, along with a second street entry from Gowrie Street.

Situated in a prime location, residents will benefit from close proximity to public transport options, including buses to the CBD, as well as major hospitals such as Princess Alexandra and Greenslopes Private Hospitals. The property is also conveniently located near parks, bikeways, sporting facilities, multiple cafes, and a Woolworths shopping center. Access to the CBD is easy via the M3 and Riverside Expressway.

This unit is currently tenanted, with the lease set to expire shortly, making it an ideal opportunity for someone looking to move in immediately or purchase as an investment. Key details include a rental income of $550-$600 per week, a body corporate fee of $1,035 per quarter, a sinking fund of $59,514, and council rates of $448 per quarter.

Location