Sold

1015-1016/255 Ann Street,
Brisbane City 4000, Queensland

2 bedrooms
2 bathrooms
1 car space
Apartment

$440,000


Property details

SOLD BY KAI LIU & KIRSTEN WALSH!

*Photos are taken before the current tenants moved in

Do not miss the opportunity to secure this fantastic Dual Key property with a rare car space and massive return, located on the first floor in one of Brisbane's most stylish and elegantly restored Heritage-listed buildings - The Adina complex.

With rental potential of $850 - $870 per week, this dual-key apartment offers versatility - you can keep renting both out, live in one or rent out separately to gain some income. Featuring large windows allowing ample light and a sense of connection with the outside. This one is a must inspect!

Directly opposite Central Railway Station and the ground level Woolworths Metro is on the doorstep, as well as the immediate access to all the Brisbane CBD has to offer, this property is a brilliant opportunity for astute investors to secure a piece of Real Estate in Australia's most promising market!

A much-loved investment, but the current owner is eager to move on, call, text, and email 24/7 to arrange an inspection!

Property Features:
- Dual key apartment
- One bedroom with kitchen and bathroom facilities
- Studio with bathroom facilities
- Both bathrooms are modern with granite finishes - The one-bedroom features a bathtub
- One Secure car space: Car park (Area J, number 99) on basement 1
- Both apartments are on one title
- 68 sqm on level 1
- Fully furnished
- Heritage-listed building
- Onsite management

Current steady income of approx. $730 per week:
- Studio 1015 renting at $300 per week furnished until 15th of May 2023, rental potential of $330 per week furnished after lease ends
- One bedroom 1016 rental potential of $430 - $450 per week furnished
- Car Space is rented to the Adina hotel averaging $90 per week
- Combined rental potential of $850 - $870 per week furnished, including car park

Location, location, location! Only a short stroll to the Queen Street Mall and Central Station, easy access to all that the vibrant CBD has to offer.

For information regarding the Brisbane Inner City property market please go to raywhiteiba.com.au/news

*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Explore the area


School catchments

  • St James College Combined 5-12 Catholic 0.69km
  • Brisbane Central State School Primary Prep-6 Government 0.88km
  • All Hallows' School Combined 5-12 Catholic 0.99km
  • Brisbane Girls Grammar School - Primary Campus Primary Independent 1.0km
  • St Joseph's College - Waterford Place Campus Combined Catholic 1.1km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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