Perfectly positioned in the sought-after 'The Ridge' complex on Leichhardt Street, this modern, east-facing studio apartment offers an exceptional opportunity for investors, first-home buyers, or those seeking an ultra-convenient inner-city base. Just a short stroll from the Brisbane CBD, the location provides the best of both worlds-close to all the action while nestled in a quieter pocket of vibrant Spring Hill.
Located on level 4, Unit 37 spans approximately 30m² and comes fully furnished with recent refurbishments already completed. Currently returning a strong $2,000 per month through the hotel letting pool, the apartment represents a rare chance to secure immediate, consistent income. Alternatively, it can be leased long term or enjoyed as your own private city pad.
Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,700 per quarter (approx.)
- Currently returning $2,000 per month
Residents of 'The Ridge' enjoy access to first-class facilities including a sparkling swimming pool, well-equipped gym, BBQ area, and a stylishly renovated entertainment room with a billiards table-perfect for relaxing or entertaining guests.
With major infrastructure projects such as the Queen's Wharf precinct, Cross River Rail, and Victoria Park development underway nearby, this apartment is ideally positioned to benefit from Brisbane's future growth.
