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604/104-108 Margaret Street BRISBANE, QLD 4000

Sold on 11 Oct 2016Floorplan
  • 1 Bed
  • 1 Bath
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604/104-108 Margaret Street, BRISBANE, QLD 4000

Apartment in BRISBANE

The ultimate Cash Cow 6.0% net

  • 1 Bed
  • 1 Bath

This perfect conditioned (B) type apartment comprising of 19 square metres offers a huge advantage of high yield and is perfect for the self-managed super fund investor, or owner occupier. This fully furnished apartment located on the 6th floor has a long term tenant in place until the end of 2016.

Uni Lodge boasts a high 95% - 100% occupancy right throughout the year which after Body Corporate, Rates, Management Fee, Water, & Electricity the apartments net the highest yield money can buy in the CBD.

Having a little over 1.2 million in the sinking fund results in a very healthy sinking fund also.

The innovative complex has been designed with the following features:

  • Business Centre
  • Outdoor pool & BBQ area
  • Student lounge,
  • Communal kitchen on level 4
  • Communal free wifi
  • Coin operated laundry
  • Licensed cafe
  • Convenience store
  • On-site management
  • Security access

Offered for sale is this stunning high floor studio which features:

  • Kitchenette
  • Double bed
  • Ceiling fan
  • Bathroom
  • Sweeping views of Botanical Gardens
  • Located on the 6th floor
  • 19 square meters

A perfect super fund investment that will not last.

Features:
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Pool
Bedrooms:

1

Bathrooms:

1