Modern & Low-Maintenance Living â Ideal for Homeowners & Investors

OFFERS OVER $580,000

Apartment real estate, Albion QLD

Perfect for owner-occupiers or savvy investors, this beautifully presented one-bedroom apartment offers a premium lifestyle in the thriving inner-city hub of Albion.

Property Features:
- Spacious bedroom with built-in wardrobes

- Open-plan kitchen, dining & living area with air conditioning

- Modern kitchen with stone benchtops

- Stylish bathroom with quality fittings

- Secure building with intercom access & lift

- One secure car space

- Balcony perfect for relaxing or entertaining

For Investors:
- Currently tenanted at $550 per week until October, with potential to increase to $600$650/week based on market comparables

- High-demand location for professionals and city commuters

- Low-maintenance investment with strong rental yield

- Sinking fund approx. $900,000

Location Highlights:
- Just 4km from Brisbane CBD

- Walking distance to Albion Train Station, local cafs, restaurants & gyms

- Close to Portside, Racecourse Road, Gasworks & Airport Link Tunnel

- Future value growth potential with nearby Brisbane 2032 Olympic precinct development

Fees & Outgoings:
- Body Corporate: approx. $4,000/year

- Council Rates: approx. $500/quarter

- Urban Utilities: approx. $300/quarter

Whether you're looking to settle into your own stylish inner-city home or secure a high-performing investment, this unit is a rare opportunity you wont want to miss.

Contact us today to arrange your private inspection or to receive the Disclosure Statement.

More Information

Property Overview

Category: Apartment
Details: 1 1 1
Price: OFFERS OVER $580,000
Area: 66m2

Property Features

Gym
Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ 28000
_{How much does the property return in rent per year.}

Net Return: $ 20000
_{How much does the property return after all management expenses are deducted.}

Yield: 5%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 4250

Rates PA: $ 2000

Management Fee: 8.8%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}