SoldApr 2, 2015

501/212 Margaret Street, Brisbane City, QLD, 4000

Amount undisclosed

2
2
1
95 m²

Unit

Sold: Apr 2, 2015

What's around 501/212 Margaret Street

SOLD BY THE RAY WHITE - STEPHEN PAHL TEAM

Presenting an exciting opportunity to own one of Brisbane's rare inner-city abodes, featuring high cathedral style ceilings that extend light into all spaces. This could be the start of a new chapter in your life, with all apartments not created equal and the owners committed elsewhere - this will not be around past Auction day. The expansive open floor plan boasts two large well separated bedrooms with an ensuite linked to one, both fitted with air-conditioning for complete comfort. With the apartment located on level five and facing east, you are greeted with a warm morning sun throughout the living area with the extensive use of glass. Ambiance is something that comes naturally, with the kitchen and living area fused together into one space which flows onto the comfortable sized balcony. This magnificent apartment is beautifully situated in one the most desirable and sought after CBD locations overlooking the nearby Botanic Gardens, and close to the Brisbane Riverside walkway and all that the CBD has to offer. This property is central to everything the CBD has to offer and is now surplus to a highly motivated vendors needs. The Unit is currently returning $2,212.53 per month nett on a Rent Guarantee fully furnished + an additional $70 per week for the Car Park = $2,492.53 per month Nett in Total. This arrangement is a rolling 30 day agreement whilst the property is sold with flexibility to give 30 days notice to terminate the agreement. On a longer term Rent Guarantee a monthly income of $620 per week is possible or $600 per week unfurnished. Notable Features: * Two well separated bedrooms, one with Ensuite facilities; * High quality kitchen and bathroom fit out with gas cooking; * Body Corporates approximately $5,597 per year; * Council Rates approximately $1,039 per year; * New custom fitted air conditioning throughout - all rooms; * One secure basement Car Park; * 24 hour on site management; * Gymnasium, Heated Pool and BBQ facilities on site; * Boutique building of 33 Levels and only 5 apartments per floor; This property is an opportunity in waiting for either an owner occupier or investor seeking solid rental returns in a prime CBD location. Contact the Ray White Father and Son team for full details and a private inspection. Close to Schools,Close to Shops,Close to Transport

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