Investors and first home buyers - look no further than this Festival Towers gem! Located on the 14th floor, this spacious 1 bedroom is in excellent condition and offers the added bonus of a large storage cage!
Add to your shortlist as this property represents outstanding value!
Property features:
-One spacious bedroom
-One modern bathroom
-Secure 4sqm storage cage (S.61 on the 1st floor)
-Open plan living and dining area
-Stylish fully equipped kitchen
-Total 59sqm (approx. 56sqm int and 3sqm ext) on the 14th floor
-Currently achieving $540 per week through the Oaks hotel pool - Can be removed with 90 days notice
-Potential long term rent of $590- $600 per week furnished
Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away and major city hotspots such as the Eagle St Pier, Botanic Gardens, QUT and the Casino are nearby. All forms of public transport are within walking distance.
Only approx. 1-minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day. Link https://www.colinwalsh.com.au/cross-river-rail/
Only approx. 3 minutes walking distance to The Queen's Wharf Brisbane precinct, which will be a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link - https://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/
For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.
*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
