Discover the ultimate investment opportunity or personal oasis in the heart of the city - the choice is yours! This stunning apartment is currently leased to the onsite hotel and generates a guaranteed monthly income of $1,950. With the option to extend the lease or rent it privately, you have the freedom to maximize your return on investment. Plus, why not consider moving in or listing it on Airbnb to capitalize on its prime location? Don't miss out on this rare chance to secure your slice of urban paradise! Property Features: Renovated bathroom Level 22 of 24 Dishwasher Air conditioned Built in wardrobe Building Features: Park Regis Built 1988 approx 135 lots in the complex 24 storeys 2 lifts Secure access with swipe card Outdoor pool and deck BBQ area and podium level shared entertaining Shared parking availability NBN available Shared laundry facilities onsite Units in the complex can be rented privately, lived in, rented through the hotel pool or airbnb. Location: 4 min walk to Roma Street Train Station 4 min walk to the nearest bus stop 6 min walk to The Barracks Shopping Centre 8 min walk to Caxton Street's bars and restaurants 11 min walk to Broncos home games 9 min walk to Roma Street Parklands 12 min walk to Southbank 14 min walk to Queen Street Mall 19 min walk to QUT Gardens Point 17 minute drive to Brisbane Airport 1 hour drive to Surfers Paradise School Zones: Petrie Terrace State School (Prep to year 6) Fortitude Valley State Secondary College (Year 7 to 9) Kelvin Grove State College (Year 10 to 12) Rental: $1,950 per month - no management fees on current hotel lease (expires 30th June 2023) Weekly rental appraisal: $480 - $540 per week. Costs: Body Corporate Fees: $2,298.67 per quarter approx Council Rates: $432.50 per quarter approx (investment rate) Water Rates: $275 per quarter approx