Sold for $395,000
Sold for $395,0002/113 Commercial Road, Teneriffe QLD 4005
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Property was sold on 4 July 2019.
Sold on 4 July 2019.
1 bed
1 bath
1 car
Apartment / Unit
88m²
1
1
1
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Apartment / Unit
88m²
Owner Occupiers: Cheaper than Renting! Vacant Possession & fully furnished. Investors: Rents well $470-$490 - 6.25% approx Gross Return! Low Outgoings. No other one bedroom, one bathroom apartment in the current market compares to this beautiful home. Situated inside DoubleOne3, a prestigious residency in Teneriffe, arrives this gorgeous, north-facing home which comes fully furnished. Spanning a huge 88sqm, coveted amenities include a 27sqm courtyard with integrated greenery, stainless steel European appliances, ample storage, electric cooktops, ducted air-conditioning and stone island kitchen bench tops. Further adding to the immense appeal of this glamorous home is the open-air rooftop terrace which is perfect for taking in cool river breezes or enjoying a cocktail whilst admiring the scintillating city skyline. Property Features: - Vacant possession - Over 5% net yield approx.. Perfect for investment - Fully furnished over $15,000 oo furnishings - Rental appraisal $470pw to $485pw approx - Low body corporate fees of approximately $853 per quarter approx. - Council rates of approximately $320 per quarter approx. - Healthy sinking fund sitting over approximately $450,000 - Rooftop Terrace with BBQ and stunning City views - Secure basement car park with 23 visitor car parks - Abundance of storage areas and large walk-in robe - Stylish lobby, with good on-site managers - Pet-friendly complex Less than two kilometres from Brisbane's central business district, there's immediate access to south-east Queensland's best retail, dining and cultural areas. Within walking distance are Newstead's Gasworks, James Street in New Farm and Fortitude Valley's vibrant Emporium, all of which provide a plethora of bars, cafes, restaurants and shopping outlets. Furthermore, travelling across Brisbane is made easy with train, bus and ferry services right on your doorstep.