Start off your property investment portfolio with a sure win investment in one of Brisbane’s best investment suburbs. You are guaranteed a rental return without the worry when it is vacant! The annual gross income from the property is $11,038 p.a, giving you a 9.1% return on your investment. This income is increased annually either per CPI index or by 3% whichever is the lower. Positioned close to Toowong Village, cafes, restaurants and public transport, this complex is for investment only, not for residential use.

Outgoings are:

Body Corp levies : $450.00 per qtr approx
Council Rates: $266.05 per qtr approx
Water levies: $201.36 per qtr approx
Sinking Fund Balance: $66,000 as of Nov 2012

This property is for investors only and is not suitable for owner occupiers.