Unit for Sale
- About this property
- Explore Newstead
Price Reduction - Investment or Lifestyle LivingProperty ID 1554776Enjoy a lifestyle of restaurants, cafes and entertainment at your doorstep. Walk to James Street, Teneriffe, The Valley, Gasworks Shopping precinct, the Emporium cafes, boutique bars, parklands and Riverwalk. This property has all the elements indicative of an extremely attractive investment. Achieving 5-6% yield plus plenty of tax depreciation. As a part of the NRAS financial incentive for investors, you will receive over $10,800 as a tax free government incentives per year. Not an investor? No problem, just move in yourself at the end of the tenants lease (13/7/2017).
This apartment is well designed with generous open plan living areas, opening out to the balcony. Both bedrooms are similarly well proportioned. The master bedroom has a walk-in wardrobe plus ensuite. The second bedroom has plenty of built in wardrobe space. The kitchen is equipped with stainless steel appliances, gas cooktops and ample storage.
- Total annual income from this property approx. $30,552
- Secure foyer and lifts
- One car space for the property plus Visitor car spaces for the block
- Only 2.5km to the City
- Walking distance to Bus Stop, City Cat Terminal and Train Station
- 10 minutes to Brisbane Airport
- Current tenants lease expires 13/07/2017
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.