Discover the ultimate investment opportunity or personal oasis in the heart of the city - the choice is yours! This stunning apartment is currently leased to the onsite hotel and generates a guaranteed monthly income of $1,950. With the option to extend the lease or rent it privately, you have the freedom to maximize your return on investment. Plus, why not consider moving in or listing it on Airbnb to capitalize on its prime location? Don't miss out on this rare chance to secure your slice of urban paradise!
Property Features:
Renovated bathroom
Level 22 of 24
Dishwasher
Air conditioned
Built in wardrobe
Building Features:
Park Regis
Built 1988 approx
135 lots in the complex
24 storeys
2 lifts
Secure access with swipe card
Outdoor pool and deck
BBQ area and podium level shared entertaining
Shared parking availability
NBN available
Shared laundry facilities onsite
Units in the complex can be rented privately, lived in, rented through the hotel pool or airbnb.
Location:
4 min walk to Roma Street Train Station
4 min walk to the nearest bus stop
6 min walk to The Barracks Shopping Centre
8 min walk to Caxton Street's bars and restaurants
11 min walk to Broncos home games
9 min walk to Roma Street Parklands
12 min walk to Southbank
14 min walk to Queen Street Mall
19 min walk to QUT Gardens Point
17 minute drive to Brisbane Airport
1 hour drive to Surfers Paradise
School Zones:
Petrie Terrace State School (Prep to year 6)
Fortitude Valley State Secondary College (Year 7 to 9)
Kelvin Grove State College (Year 10 to 12)
Rental:
$1,950 per month - no management fees on current hotel lease (expires 30th June 2023)
Weekly rental appraisal: $480 - $540 per week.
Costs:
Body Corporate Fees: $2,298.67 per quarter approx
Council Rates: $432.50 per quarter approx (investment rate)
Water Rates: $275 per quarter approx
