HIGH YIELD RETURN + $106,033 DEPRECIATION BENEFITS

Unit Sold - BRISBANE CITY QLD

Recently renovated and maintained to a high standard, this one bedroom fully furnished apartment located in The Sebel stands alone in terms of superior quality and location. Evidencing $400 per week on a 6 or 12 month rental, this building is in very high demand by tenants, and is also available for owner occupation.
For an investor, the Depreciation benefits are substantial with $10,786 in the first year and a further $62,092 in the first 10 years.
Nothing to be spent with a renovated bathroom, new paint, new bedding, television and appliances, this apartment sets high standards through an ongoing planned scheduled upgrade scheme paid for through the body corporate fees.
This property is of high appeal to both an owner occupier or an investor seeking the benefits of a consummate inner CBD location and lifestyle in Brisbane city. The tightly held Sebel building is only 2 minutes walk to the central Queen Street shopping mall and 2 minutes to the beautiful Brisbane Botanic Gardens, QUT and near the planned $3 billion Queens Wharf riverside development which is set to transform Brisbane into a world class destination. (www.queenswharf.com.au) A wide choice of restaurants are on the doorstep and adjacent.
Providing a high standard living environment within the building, residents have access to excellent facilities including a fully equipped gym, outdoor pool, sauna, spa pool, entertaining area.
Spacious and well designed with a balcony delivering panoramic city views, this property embraces everything you aspire to.
BODY CORPORATE FEES $5,644 in total Annually
COUNCIL RATES $1,426 in total annually
EXPECTED / EVIDENCED RENT INCOME $400 PER WEEK ON A TRADITIONAL RENTAL (NOT SHORT TERM LETTING)
IN SUMMARY:
• One Bedroom + One Bathroom
• 61 sqm floor plan
• Balcony with expansive city views
• Outdoor Entertaining Area onsite
• Large inground heated Swimming Pool and Spa
• Individual Floor Keyed Security and Intercom
• Fully equipped Gym
• Cable TV Access
• Dishwasher
• Reverse-cycle Air Conditioning throughout
• High speed Broadband internet available
Contact Stephen Pahl now on 0404266085 to inspect.