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"The Portal" - 49 Apartments to be Sold in One-LineProperty ID 1551808• 49 brand new apartments plus office space for sale in-one-line.
• Potential rental income assessed at over $22,000 per week / $1,040,000 p.a.*
• Opportunity for additional revenue from Management Rights
• Currently under construction due for completion March 2017*
• Ability to complete strata titling and sell down individually
• Apartments never occupied providing opportunity for depreciation benefit
• Well positioned to surrounding amenity including:
- Brisbane CBD 3.6km*
- Fortitude Valley: 2.8km*
- James Street Precinct: 2.9km*
- Royal Brisbane Hospital: 1.3km*
• Only 600* metres from the entrance to the tunnel network including:
- Airport Link to Airport and Gateway Arterial (north)
- Inner City Bypass Linking to M1 and Legacy Way (south and west)
- Clem 7 (south)
Expressions of Interest
Closing Wednesday, 23 November 2016 4pm
Tony Williams 0411 822 544
Mark Creevey 0408 992 222
**This property is being sold by Expressions of Interest therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes
Key Information Tenancy Status Currently Vacant Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Other Information Lots in Complex 49
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease. It is not a valuation.
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.