Apartment for Sale
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6.9% Net Yield… Dare you to Find Better Yield!Property ID 1529550'The Adina Apartments' are renowned as the most stylish and beautifully boutique apartments in the CBD. More importantly, they have a proven history of huge returns which are pretty much unbeatable throughout the CBD.
Located on the 2nd floor, Fully furnished and it perfect condition.
You have the option to live in one apartment and lease out the other or just lease both out either through the Hotel Pool or on separate leases.
Unit 2014-2015 are currently leased on two separate leases which combined both rental incomes the investment returns $740.00 per week. I have disclosed a breakdown of the costs and outgoings that will conclude the huge net yield.
$740.00 per week x 52 = $38,480.00 per annum
- Body corporate fee: $9,775.00 per annum
- Brisbane Council Rates: $1,200.00 per annum
- Management fee: 6.95% - $2,674.00 per annum
- Total Net Amount of Income: $24,831.00 per annum Divide $360,000 = 6.9% "If you can find better yield within the CBD please let me know"
- Two bedrooms
- Two bathrooms
- Dual key flexibility
- Quality furniture package
- Total area 68sqm
- Luxury foyer area and restaurant
- On-site management
'The Rendezvous' is fabulously located on the corner of Ann & Edward Streets, directly opposite Central Railway Station and overlooking the Anzac Square memorial gardens, with direct access to the heart of Brisbane's CBD. Hurry in quick and place an offer as this seller needs to sell.