$114,290 IN DEPRECIATION BENEFITS WAITING FOR YOU

Unit Sold - BRISBANE CITY QLD

A rare one bedroom offering in the tightly held Casino Towers building in central Brisbane CBD George Street is now offered to market first time since purchased off the plan in 2004/2005.
For an investor, $114,290 in Depreciation benefits claimable – $8,416 in your first year of ownership and $54,738 in depreciation benefits over the first 10 years.
Get in now as the vicinity near Casino Towers is poised to be transformed into a world class entertainment precinct through the $3 billion dollar Queens Wharf Development (www.queenswharfbrisbane.com.au) which will add significant capital value onto this asset.
UNBEATABLE FIRST CLASS LOCATION
This unit gives location a whole new meaning and commands an inspection before considering any other 1 bedroom apartment elsewhere in the city. One minute walk to the Queen Street Mall and is within and adjacent to all that Brisbane central CBD has to offer. QUT and the Botanic Gardens, and the excellent dining choices of South Bank and the Eagle Street Pier and all forms of public transport.
PROPERTY FEATURES
-One spacious bedroom with built-in
-Functional fully tiled bathroom
-European appliances in kitchen / Gas cooktop
-Large North facing balcony
-Open plan living and dining area
-Ducted air conditioning throughout
-Being sold Unfurnished
-Vacant possession within 30 days if required
-Approx. 61sqm of living
-Located on Level 23
-Current Gross Rental Income $435 per week – $22,620 per year
-Significant Depreciation benefits
-Body Corporates $4,608 approximately per year
-Council Rates $1,418 approximately per year
Casino Towers features superior building facilities including a pool, spa, gym, sauna, 24hr reception and secure entry. Contact Stephen Pahl now on 0404266085 to inspect.