66-67/293 North Quay, Brisbane City, Qld 4000

Sold: $345,000 (04-04-2018)

66-67/293 North Quay, Brisbane City, Qld 4000 4000
SOLD
  • hotel 2
  • hot_tub 2
  • directions_car 0

This is by far one of the best positioned dual key apartments in the Brisbane City featuring stunning views of the river and South Bank. This apartment has been recently fully refurbished and furnished to a very high standard so you will not have to worry about renovating for quite some time. It is currently managed by the Park Regis Hotel giving you a guaranteed income of $3,400 per month until the end of November 2018 giving you a 7% + net return after body corporate fees, water rates and council rates.

Please see the break-down below.

Guaranteed Income - $3,400 per month until the end of November 2018
= $40,800 per annum
less Body Corporate fees - $12,115 pa
less Council & Water Rates - $2,280 pa

Net Return = Approx. $26,405 pa
Purchase price of $360,000 = Approx. 7.3% net return on investment

This fantastic investment with unmatched returns and views will not last long!

Features of the Apartment
- Dual Key apartment (1 bedroom + studio)
- Both apartments have been fully refurbished and fully furnished
- Washer/dryer in Apt 66
- High-quality block out blinds installed in both
- New air conditioning units in both
- Stunning River and City views
- Modern kitchen with stainless steel appliances
- Studio 26sqm + 1 Bedroom 56sqm = Total Area 82sqm
- Potential rental income - 1 bedroom at $420-$430 per week furnished + studio at $320-$340 per week furnished
- Currently apart of the Park Regis Hotel receiving $3,400 per month until the end of November 2018
- Secure car parking available (first in - first serve)

Features of the Amenities
- Walking distance to CBD and public transport
- Swimming pool and outdoor entertaining area
- Walking distance to South Bank
- On-site reception
- Downstairs cafe and restaurant

You will have to act quickly in order to secure this amazing investment opportunity, so to receive further information please contact Tim Bosshard on 0457 587 802.

Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.