An opportunity awaits to secure a solid St Lucia investment. This neat & tidy apartment served our owner extremely well as his first property and now it’s time to move on so he can build his dream home. He saw value in this property due to the solid brick construction and tiled floors which meant very little maintenance should he use it as an investment.

The apartment is in great condition with nothing to do should you wish to lease the property right away or for first home owners there will be no additional costs as soon as you get the keys. For the right offer our owner will even leave the furniture and you can really look at capitalising on some attractive yields with three apartments in the building renting in the $400s per week.

Downstairs you have a secure lockable laundry which you could also use as storage. The lock-up garage is also a good size with room for storage and a gate to access the internal complex stairs which lead to the apartment.

The location is excellent. Quiet, high, close to transport and a leisurely stroll to the University of Queensland. Conveniently at the end of the street is a trio of restaurants & the St Lucia Supermarket. For those with an active lifestyle you’ll no doubt enjoy all of the University’s facilities, pool, tennis courts and a number of sporting fields. You’re also lucky to be in the middle of the “Brisbane River Loop” if you’re a keen cyclist.

Come and inspect this weekend! I’m sure you’ll find the same benefits our owner found so attractive in 2007.

Features:
* Fantastic potential rental yield with low vacancy rates
* Extremely low maintenance
* Block walls and tiled floors
* Separate laundry & storage room
* Lock-up garage
* High end of Mitre Street, quiet location
* Updated kitchen and bathroom
* Great introduction into a blue chip suburb

Close to: Guyatt Park CityCat terminal, University of Queensland, Ironside State School, Toowong Village, Indooroopilly Shopping Centre.

Brisbane City Council rates:$305.47 per quarter
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