SoldJan 14, 2013

4/21 Mcilwraith St, Auchenflower, QLD, 4066

Amount undisclosed

2
1
1

Apartment

Sold: Jan 14, 2013

What's around 4/21 Mcilwraith St

Renovated unit in Auchenflower - renting for $360/week!

Sell the car because from here you can walk to everything! Conveniently positioned less than 3km from the CBD. Walk to Auchenflower train station in less than 5 minutes, Wesley Hospital in less than 3 minutes, bus stops are a 5 minute stroll, Toowong business precinct (which has shopping/train/bus/restaurants/city cat ferry) all are less than a 10 minute walk! Also easy access to UQ and a short walk to the trendy cafe precinct of Park Road Milton. You will be hard pressed to find a more convenient location. Freshly painted, a renovated kitchen, trendy floating timbre floors, and new carpets in the bedrooms, everything has been done and it's ready to live in! Currently tenanted on a month by month lease at $360/week. The tenant would love to stay on so you have the option of signing a 6 or 12 month lease or move in yourself and enjoy your new inner city lifestyle. As an investment, it is close being positive cash flow. This is hard to find anywhere, particularly in such a great position in inner city Brisbane. The entire outside of the building is about to be painted and this has been paid for in full so there is no extra costs. Once this is complete, the value of all of the units in this building will increase. Total Body Corporate outgoings are $2,743.50 per year (includes sinking fund and building insurance). Brisbane City Council rates are approx $281 per quarter. 2 bedrooms, 1 bath, 1 car remote lock up garageExcellent position easy walk to everythingFreshly renovated, ready to live in and enjoyA great investment opportunity, attractive returnsBuilding about to be painted, paid for already!Value buying at only $309,000!

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