Studio for Sale

1402/104 Margaret Street BRISBANE, QLD 4000

$140,000
  • 1 Bed
  • 1 Bath

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Studio for Sale in BRISBANE

Great Opportunity to Purchase in the Building! Looking for a 12% return? Look no further

  • 1 Bed
  • 1 Bath

Currently leased on a long-term base (until the end of the year) getting $365 per week. With great returns, this unit will be suitable for the investors looking for higher than average returns 12% plus gross over 8%nett .

Uni Lodge is popular with tenants only a short walk to QUT University, Queen St Mall, good shopping and the Botanical Gardens. With a large demographic of renters, you will have the ability to secure a tenant either on a short term or long-term lease. Add this property to your investment portfolio today our sellers have enjoyed the return but have to sell due to circumstances..

This 'B Type' Unit is a nice investment and a great place to live with a prime location. The unit is currently rented at $262.50 per week and has a current net yield of 6.2% Uni Lodge is an exclusive student accommodation which welcomes all demographics with a very convenient location. With community facilities on level 4, there are plenty of activities to do such as swimming, bbq and making use of the recreational area. The owners situation is a situation where they would like the property sold and have given clear instruction that it is good to go. Apply within.

Features and facilities include;

  • Fully furnished
  • Stove top and range hood
  • Kitchenette
  • Double Bed
  • 19 m2 'B type' Floorplan
  • Pool access
  • Swimming pool
  • On-site management
  • Shared Laundries/dryers
  • Fully functioning kitchen
  • High level security with swipe card access, intercom systems and CCTV cameras
  • Licensed cafe / restaurant
  • Onsite convenience store
  • Large communal kitchen with ovens, gas stovetops, dishwashers and dining area
Bedrooms:

1

Bathrooms:

1

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Suburb

BRISBANE

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