PROPERTY SOLD !!!
The holy grail of property investing…a cash flow positive property but not in some regional town but in the heart of Brisbane, the 3rd largest city in Australia. On offer is a fully furnished New York style studio apartment returning $300 a week net guaranteed with no property management costs – which would cover mortgage, BCC rates and body corporate charges (at current interest rates). Or for home owners just move in and enjoy life.

In the Ridge on Leichhardt building, this apartment is on the top 8th floor with expansive views and offering an enviable lifestyle and absolute convenience. Features include:

- 1 bedroom/studio
- fully equipped kitchen
- 1 bathroom / laundry
- fully furnished
- broadband internet
- swimming pool
- gymnasium
- fully equipped entertaining hall
- BCC rates $352 per qtr
- Body Corp fees $ $828 or $745 per qtr with discounts
- $300 a week rent net guaranteed
- no property manaagement costs

The property is in very good condition and on an elevated position in Spring Hill. There is a mix of residential, institutional and commercial uses in the vicinity of the property. It is less than 500m to Queen St mall i.e. easy walking distance of the CBD and all its shops, entertaining, recreation, transport, civic and public facilities.

A great place to live in or buy as an investment property. How often can you find a cash flow positive property in the CBD? Given its location, there is a large pool of potential tenants. This apartment is priced to sell now! Offers invited. Hurry, this won’t last, so call me now to inspect – Jonzun Lee 0418 885 708