Priced to Sell!

This A-plan, 18m² internal studio, is positioned on the 7th level and fully furnished with a single tenant in place. This popular Unilodge on Margaret Street has a vacancy rate of below 1%. It is highly sought after not only by interstate and overseas students but also by young professionals who enjoy the inner-city lifestyle.

These studios are solid performers in terms of rental yields. The current lease agreement expires in January 2024 with a handsome rent of $665 per fortnight. The tenant is likely to renew the lease once it expires, though it is very easy to rent out if the current tenant moves out.

The annual body corporate fee is around $2,800 with virtually no maintenance fees and very low outgoings.

The building offers the following amenities:
• Large reception area
• On-site management
• Lap Pool (4th level)
• Covered BBQ area
• Communal kitchen
• Communal dining hall
• Communal lounge/study area
• Communal media room
• Communal paid laundry
• A herbal garden

** Disclaimer: Photos used have been staged for the purpose of the sale. We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur.**

Explore the area

School catchments

Brisbane State High School Secondary 7-12 Government 1.1km
Somerville House Combined Prep-12 Independent 1.2km
Indie School, Logan - Brisbane City Campus Secondary Independent 1.2km
The BUSY School - Brisbane Campus Secondary Independent 1.2km
St Joseph's Primary School Primary Prep-6 Catholic 1.2km
The Industry School - Brisbane Secondary 10-12 Independent 1.3km
St James College Combined 5-12 Catholic 1.3km
St George College Primary Independent 1.4km
All Hallows' School Combined 5-12 Catholic 1.5km
St Laurence's College Combined 5-12 Catholic 1.5km
IES College Secondary 12 Independent 1.6km
Brisbane Central State School Primary Prep-6 Government 1.6km
Brisbane Girls Grammar School - Primary Campus Primary Independent 1.7km
Brisbane Girls Grammar School Secondary 7-12 Independent 1.7km
St Joseph's College - Waterford Place Campus Combined Catholic 1.8km
Brisbane Grammar School Combined 5-12 Independent 1.8km
St Joseph's College Combined 5-12 Catholic 1.9km
Music Industry College Secondary 11-12 Independent 1.9km
East Brisbane State School Primary Prep-6 Government 1.9km
Humanitas High School Secondary 7-11 Independent 2.0km
Angelorum College Combined Prep-10 Independent 2.0km
West End State School Primary Prep-6 Government 2.1km
Holy Spirit School Primary Prep-6 Catholic 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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