$850/wk rent ($30,507 P. A NET*) - the best investment in town?
- 2 Beds
- 2 Baths
- 1 Car
A unique investment opportunity has presented itself to secure one of the highest yielding apartments in the CBD with this Sebel dual-key, perched at the premium end of the building with a lovely outlook over the popular restaurant and shopping precinct below, with the Myer Centre and Queen Street mall within 250m, along with multiple transport modes, the Botanic Gardens and QUT all within a short walk.
Currently let privately to excellent tenants, the $850/week rental return means a net income after all expenses of over $30,000/year (or close to 6% NET), making the perfect high-yield investment. Presented in tidy condition throughout, there is the potential to further add value through minor cosmetic touches. With 93sqm of space and great versatility to let each separately, together as one apartment or live in one and rent the other, the apartment is part of the popular "Sebel" block with access to all of the hotel facilities including pool, gym, sauna and excellent reception staff. There is no covenant over the choice between occupy, hotel or private let.
Properties of this nature with such strong returns are very rarely available to the market so make your enquiry immediately.
*Subject to confirmation with agent.
- Air Conditioning
- Built-In Wardrobes
- Close To Schools
- Close To Shops
- Close To Transport
- Single Garage
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