An exceptionally rare opportunity to secure the only dual-key residence of its kind within the building, comprising two separate apartments on individual titles. Offering outstanding flexibility, dual income potential and the opportunity to add significant value through renovation, this is a unique offering for buyers looking beyond a conventional South Brisbane investment.
Spanning a combined 95sqm, the property comprises a two bedroom apartment and a separate studio, complete with two bathrooms, two private balconies and one secure car space. The versatile configuration presents multiple possibilities, whether generating two separate rental incomes, occupying one apartment while leasing the other, or modernising both to further enhance their appeal and rental potential.
With an estimated combined rental potential of approximately $1,430 per week ($74,360 per annum) when furnished and leased to long term tenants, the property presents an attractive opportunity for investors seeking strong rental income and the flexibility of two separately titled apartments.
Offered in original condition, the apartments present an exceptional opportunity for buyers with vision to modernise, enhance rental appeal and unlock further value. This is truly a rare opportunity to capitalise on a property unlike any other within the building, in the heart of South Brisbane.
Apartment 312 - Body Corporate fees: Approx. $5,506 pa
Apartment 313 - Body Corporate fees: Approx. $11,184 pa
Rates: Approx. $2,000 pa
Water & Sewerage: Approx. $1,200 pa
Property features:
- Dual key apartment consisting of: Two bedroom apartment & studio apartment
- Two bathrooms
- One secure car park
- Rental potential approx. $1,430 combined per week ( approx. $830 per week furnished for the two bedroom plus car park, and approx. $600 per week furnished for the studio to long term tenants)
- Ducted air conditioning throughout
- Approx 95sqm of living
- Currently rented in hotel pool. Income is based on occupancy. 30 days notice required to release from the hotel pool.
- Sold furnished
Building features:
- Outdoor pool
- Gym
- Onsite management
- Barbeque area
- Sauna
Positioned in an unbeatable South Brisbane location, this property places everyday convenience and Brisbane's best lifestyle precincts at your doorstep. Coles West End is directly across the road, while West Village and the Brisbane Convention & Exhibition Centre are both just 400m away. The Queensland Museum is approximately 800m away, with the State Library of Queensland only 850m from your door. Brisbane Airport is around 17km away, and Surfers Paradise on the Gold Coast can be reached in approximately 55 minutes. Families will also appreciate the sought-after school catchments, including Brisbane State High School (Years 7-12) and West End State School (Prep-Year 6).
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.
