As Brisbane continues to be touted as one of Australia's leading property markets with prices set to boom by up to 20 per cent over coming years, few investments are as enticing as 32/78 Brookes Street, Bowen Hills. An exceptional dual occupancy property totalling 210sqm of prime real estate, this rare premises which is connected by interlocking stairs, presents the prospect of a solid return on investment for the lucky buyer.
On the bottom floor, being a retail commercial office, you'll fall in love with a charming office space spanning 100sqm which is brought to life by several exceptional features. Facing towards Brookes Street, the office enjoys a kitchenette, shower and separate toilet, car park, guaranteeing a convenient professional life. Such is the impressive nature of this space, it currently generates a rental return of $33,000 per annum and has tenant in place until March 2022!
Upstairs arrives a modern 110sqm two bedroom, two bathroom and one car park residential apartment with a large lockup storage cage. Boasting delightful features such as an entertainer's kitchen, stainless steel appliances, gas cooking, air-conditioning, ample storage, internal laundry, pool access and a large balcony with scintillating views, it's little wonder this home is in demand! Adding to the appeal of this property is the fact this unit currency rents for $470 per week.
Body Corporate: $8526 approx per year
Rates: $1627 approx per year
Utilities: $1404 approx per year
Unit rental: $470 pw
Office lease: $634 pw
Total income: $57,440 approx
* Rare residential and commercial investment on one title
* Rare one of three in the complex
* Extra-large storage unit
( Due to the complexity and rareness of this sale I will request a phone number to discuss any questions you may have please. )
Three kilometres from Brisbane's CBD, this property occupies a spectacular location. Buoyed by a close proximity to many of Brisbane's highlights, the future homeowner is nearby Gasworks Newstead, James Street retail and dining precinct, Fortitude Valley and Howard Smith Wharves. For travels across south-east Queensland, Bowen Hills train station and multiple bus stops are close by. Call Robert Lamprecht today on 0419 999 989 for more information.