River front unit. You will be living by Brisbane River in a prestigious upper class suburb enjoying Kayaking, Fishing and walking or walking your dog on Brisbane Corso. It feels like the weekend every day. Quite peaceful area, you will sleep and wakeup on the sound of nature, lots of Kookaburras and birds. The air flow from the sea up the river is clean and refreshing.

The unit is part of 6 identical units in the complex they have the same size and internal design, refer to the diagram in the photos. One of the units was sold last month for $330,000. This is a solid investment; my last Brisbane City Council rates show a unit land valuation of $267,000 and it is increasing. Unit 1,2,4&6 are owner occupiers. Unit 3&5 are rented for $300 a week, that is $15,600 a year for each unit from renting income The interest rate for a $250,000 based on %3.5 is $8750 a year. The complex has over $50,000 in sinking fund available for renovation. If this place is ever rebuilt or renovated the potential for doubling your investment exist.

The spacious 1brm apartment and large lounge separated by mezzanine floor for privacy is ideal for singles or couples who are looking for something more than an everyday unit. You can move straight in and enjoy. A must to inspect, you will really enjoy this one. Private, close to the University of Queensland, the local cafes, restaurants and shops are all within minutes of home.

Private
Close to University of Queensland
The local cafes, restaurants and shops are all within minutes of home.
Timber floorboards that been polished this year.
Ducted air conditioner.
Access to launch your canoe/tinny.

* For all inquiries and to organize an inspection please use email the agent /comment below.