Features

Fully refurbished
Sauna

SOLD UNDER THE HAMMER BY DEAN YESBERG AND BEN YESBERG

An Investment Opportunity With Plenty of Upsides

This is an opportunity with plenty of upsides for what is on offer, this well-presented spacious 2 bedrooms 2 bathroom unit with 2 side by side car parks in Club Lodge.

Situated on the north-facing corner of the building with views down Margaret Street and to the Botanical Gardens. Located directly across the road from the new Queens Wharf Development, 200m from QUT and the Botanical Gardens the location cannot be bettered. The property is currently rented for $575 per week for the investor. The unit is well presented and is the ideal investment for those looking for an investment with potential.

The upside is that Club Lodge commands a prime corner future development site of approximately 2400m, directly across from Brisbane's biggest and most exciting development project, the $3 Billion Dollar Queens Wharf Casino. The unimproved land value for the site is currently $42 million but it is worth much more as a site when amalgamation happens. There are only 52 lots In Club Lodge so it's a rare opportunity.

Property Features:
* Two large bedrooms
* Two bathrooms (private ensuite to master)
* EXTREMELY RARE - Enclosed garage with two side-by-side car spaces 44m ample storage Is currently rented out separately
* Current weekly rental income is $575
* Approx. 91sqm of living
* Building facilities include a pool and sauna
* Secure entry
* Tenanted till 30/12/2022

This is a fantastic opportunity to buy at the right end of town where all the action is happening. Seize the day this is your opportunity to get in on the action in our State's capital city's best development site.

Auction Friday 15th July, Ray White Corporate from 10:30 am, if not SOLD prior.

To obtain further information or to arrange a private inspection, please contact Ben Yesberg at 0439 797 166

Explore the area

School catchments

Brisbane State High School Secondary 7-12 Government 1.0km
Somerville House Combined Prep-12 Independent 1.1km
St Joseph's Primary School Primary Prep-6 Catholic 1.1km
Indie School, Logan - Brisbane City Campus Secondary Independent 1.3km
The BUSY School - Brisbane Campus Secondary Independent 1.3km
St George College Primary Independent 1.3km
The Industry School - Brisbane Secondary 10-12 Independent 1.4km
St James College Combined 5-12 Catholic 1.4km
St Laurence's College Combined 5-12 Catholic 1.5km
All Hallows' School Combined 5-12 Catholic 1.6km
IES College Secondary 12 Independent 1.6km
Brisbane Central State School Primary Prep-6 Government 1.7km
Brisbane Girls Grammar School - Primary Campus Primary Independent 1.8km
Brisbane Girls Grammar School Secondary 7-12 Independent 1.8km
Brisbane Grammar School Combined 5-12 Independent 1.8km
East Brisbane State School Primary Prep-6 Government 1.9km
St Joseph's College - Waterford Place Campus Combined Catholic 1.9km
St Joseph's College Combined 5-12 Catholic 1.9km
Music Industry College Secondary 11-12 Independent 2.0km
Arethusa College - West End Campus Secondary Independent 2.0km
West End State School Primary Prep-6 Government 2.0km
Holy Spirit School Primary Prep-6 Catholic 2.1km
Angelorum College Combined Prep-10 Independent 2.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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