4 & 13/240 Ipswich Road, WOOLLOONGABBA QLD 4102
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- Hotel / Leisure, Parking / Car Space
- Floor area:
- 24 - 33m²
- On site parking available
- Return (PA):
- Land area:
- Energy Efficiency Rating:
- NABERS energy rating
- Property ID:
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- 23 Aug 2016
INCREDIBLE SMALL INVESTMENT OPPORTUNITY 2 STUDIOS ON THE 1ST & 2ND FLOOR
DO NOT HESITATE TO ADD THIS TO YOUR PORTFOLIO OR MAKE IT YOUR FIRST EASY-TO-BUY INVESTMENT AND INCOME WITH THE CHANCE FOR FUTURE DEVELOPMENT AND 1766M2 OF PRIME DEVELOPMENT LAND.
A perfect location as these properties are the closest accommodation facility to the PA hospital entrance making this a great opportunity for the astute buyer to acquire a well-presented short term accommodation facility. With a no effort guaranteed income from patrons of the Princess Alexandra, Mater and Greenslopes hospitals, this kind of investment is supreme and affordable.
The property consists of 62 apartments each with desirable ensuites plus private outdoor verandas and patios.
- Total land area of 1766m2
- Zoned high rise with huge new developments in Wolsley
and O’Keefe Streets
- Fully furnished by the on site management company
- Fitted kitchenettes
- Air Conditioned
- Combined washer and dryer in the bathroom
- Great location just 4 kilometres from Brisbane CBD
- Parking off Wolsley Street
- Close to Bus
- Close to Train Station
- Buranda is a suburb of the City of Brisbane – it is located just 3 kilometres south of the Brisbane CBD.
Much of the suburb is elevated, lying on a ridge that gives views of the city. Particularly close to main city, but with gentrification and the rise in the cost of housing, many of the original 'Queenslanders' have been restored to their former glory, giving the suburb an eclectic mix of residences for all socio-economic levels.
The suburb is of medium population density with many apartment blocks, guest houses and fast-food outlets. The major road in the suburb is Ipswich Road, one of Brisbane's main southerly traffic arteries.
Income: $11,819.55 P/A for each unit 2015-
2016 financial year
Rates: $603.99 Quarterly
Body Corp: $1229.10 Quarterly
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
- 116 Ipswich Road, Woolloongabba, Qld 4101
14/09/2016 18:30:00 Add to Calendar
4 & 13/240 Ipswich Road WOOLLOONGABBA