106/220 Melbourne Street, South Brisbane QLD 4101 AUS
Under Contract
Right in the heart of the West End / South Brisbane, this superb studio offers a sound investment for the investor looking to take advantage of the short term rental pool with a net return of approximately 9% per annum.
These returns are for the 2015 financial year and similar returns are expected for the 2016 financial year. ( Monthly statements are available for prospective Buyers to verify.)
Alternatively the open plan design with a good size bathroom is a great entry level purchase, ideal for students or professionals alike.
Surrounded by restaurants and cafes and only minutes to the CBD or Southbank with public transport including the frequent City Glider bus service nearly at your door.
Other features include:
– Fully furnished
– Kitchenette
– Built in wardrobe
– Air conditioning
– Wall mounted TV
– Balcony
The complex has all the facilities expected with a resort style pool, spa, sauna, and gymnasium , all well maintained by the onsite management team.
You choose, leave as part of the hotel letting pool and reap the rewards of a hassle-free investment or live in the midst of the action and enjoy the vibrant lifestyle.
For more information please contact the agent.
Property Features
- Apartment
- 1 bed
- 1 bath
Disclaimer
S Drakos Real Estate accepts no responsibility for the use of or reliance upon the information contained within.
The information contained herein should not be solely relied upon for investment decisions, including for the purposes of purchasing of the subject land. S Drakos Real Estate strongly recommends further detailed investigations are conducted prior to making such a decision. Further detailed investigations which might be advisable could necessitate engagement of a land surveyor, civil engineer, architect, quantity surveyor, valuer, and / or others. Further detailed investigations might also call for a meeting with local Council and / or State Agencies.