The instructions form the vendor are clear as day - this investment must be sold. Meticulously renovated and maintained, this studio apartment is in the best location in Spring Hill and is returning $360 p/w. A long term lease is already in place with the onsite management, which means the $360 p/w is net to you - no property management fees to come out of this. - Fully furnished - Secure building with seven day reception - Walking distance to the CBD and all Brisbane has to offer - Emporium, China Town, Queen Street, South Bank all in walking distance - On the free Loop bus stop and just 400 meters to Central train station - On-site facilities include swimming pool, gym, High Speed WIFI and BBQ area. All this and cafes / restaurants / shops, transport and CBD all at your fingertips. • Body corp. fees approx. $1,123 per quarter • Council rates and water approx. $313 per quarter • Rent $360.00 p/w • Purchase price $209,000 • Gross Yield 9.6 % Property Code: 233