Do not miss out on this brilliant opportunity to secure a neat, contemporary investment property located in the Brisbane State High Catchment of the near new complex "The Plaza". This modern one bedroom is perfect for owner-occupier enjoying the fantastic views of the Brisbane City or the astute investors with the brilliant returns. Currently under the NRAS Scheme, receiving $11,248 for the 2019-2020 financial year government incentives providing this property with a steady income stream. Located directly across from the popular Musgrave Park, this property is perfectly positioned in the heart of the Cultural Precinct making it walking distance to all that it offers such as, fine dining restaurants, cultural pursuits, major entertainment, and exhibitions. Walking distance to the Brisbane CBD and only minutes from the lively street scenes of South Bank and West End. This property is all about location! Property features: - One large bedroom - One built-in study nook - One modern bathroom - One secure car space - Open plan living - Fantastic City views - Northeast facing with ample natural light - Stylish kitchen with stone benches & stainless steel appliances - Ducted air conditioning and ceiling fans throughout - Intercom access, secure complex with onsite management - Approx. 51sqm on the 9th floor *NRAS agreement - 10-year term - starting November 19 2014 *Agreement Managed by AMC - one of Australia's largest NRAS providers *Current NRAS rent $280 per week unfurnished until 03/11/2020 after 30% NRAS rent reduction (Market rent of $400 per week) Building Features: - Outdoor swimming pool with views of the CBD - Fully equipped gym - Professional and friendly on-site management - Access to High-speed NBN and Foxtel For information regarding the Brisbane Inner City property market please go to colinwalsh.com.au Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.