Ideally located within walking distance of Brisbane CBD and Brisbane River, these two adjoining one-bedroom apartments, on one title, are a great entry level home or investment. Live in one and rent the other, or rent both.
Looking for a solid investment opportunity? The apartments are currently rented for $380 and $400/$420 per week to separate tenants until March and May 2027, providing an annual yield of $40,560, increasing to $41,600 in November.
With a solid brick construction, the upper level apartments at the northern end of the complex are a mirror of each other with double adjoining lockable doors between. The apartments feature low maintenance parquetry timber floors throughout the spacious living areas and bedrooms. The bedrooms feature built-in wardrobes.
The kitchen with warm wooden cabinetry and dark benchtops, incorporates the laundry with washer dryer. The bathroom has a striking black and white color palette.
The elevated north-east facing balcony of the apartments capture sunlight and breezes and have glorious sweeping suburban views. Located on the second top level, they have direct access from a walkway on Gladstone Road.
So centrally and conveniently positioned close to everything, the apartments are walking distance to shopping and dining in Highgate Hill, South Bank and West End. Theatres, art galleries and other cultural institutions are nearby. Fine schools and tertiary education institutions are also easily accessible within minutes. The apartments are located within catchment for Brisbane State High School.
With the ease of the bus stop right at the doorstep (20 metres away), the need for the one car space will be minimal.
The apartments are being sold by negotiation with offers accepted immediately. We look forward to welcoming you to our next open home inspection and to answering any questions you may have in the meantime.
