Apartment for Sale
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Better Investment Return Than the Bank!Property ID 1556634Looking for a high performing investment unit in a building where all the hard work upgrading the building and facilities has already been completed ? Look no further than this studio apartment in The Ridge, located right within the convenient epicentre of vibrant Spring Hill in Brisbane's CBD.
This apartment offers you guaranteed rent income of $300 per week nett after all management expenses, and includes all electricity and gas consumption. You need pay only your annual Council rates and Body Corporate fees.
This fabulous low maintenance investment has a light filled Northern aspect, is fully furnished, and located in the mid levels of the building. The apartment is fully air-conditioned with newly replaced AC unit, fully equipped kitchen with new appliances, spacious bathroom and laundry.
This property gives location a whole new meaning, with direct access to adjacent restaurants, caf's, convenience stores, and public transport access 1 minute and 5 minutes to the Central railway station and the Airport train.
Excellent on site facilities include an outdoor in ground pool, gymnasium, BBQ and leisure facilities. Fully secured building with 24 hour onsite management. The Ridge has recently completed a major upgrade which included installation of new lifts, power and plumbing infrastructure upgrade, painting and building renovations including the installation of new sound proof windows.
The hard work is done and this property will guarantee you ongoing rent income of $300 per week nett.
Council Rates: $1,402 per year. Body Corporate fees: $4,368 per year.
Call Stephen Pahl now to inspect on 0404 266 085
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.