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Unit in BRISBANE
Warm to River City. Guaranteed returns. Over 5% Net
- 2 Beds
- 2 Baths
- 1 Car
This warming apartment offers great city living without the price tag. Located on the 22nd floor of River City, this spacious 95sqm apartment provides a stand out opportunity for investors with excellent returns. It currently returns $2,773.00 per month guaranteed in The Oaks hotel pool, that's $33,280 gross a year! Equal to $29,306 Net of commission/hotel costs.
This return can be increased further to $680 a week gross by purchasing new furniture package for under 10k, That's equivalent to $35,360 a year gross, $31,143 Net a year.
Furnished unit is ready to go. There are two large bedrooms, the master has an en-suite and private balcony, the 2nd also has access to the main alfresco style balcony which provides extra living space.
Modern kitchen and open living/dining space with floor to ceiling windows flowing through to the main balcony. There is also a single secure car space on title with space for a cage.
River City is also a fantastic place to live. It's facilities include an outdoor swimming pool, sizeable gymnasium, sauna, Funky BBQ area and on-site management.
Located in the heart of the CBD, you can walk to everything including Queen St Mall, botanic gardens, QUT, riverside eateries, bars and cafes.
With Albert Street soon to become pedestrianised, you'll be living or investing in the beating heart of the CBD.
Call Justin for a private inspection today.
1 garage space
2
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