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Low Maintenance Living / Investment in Upper Mount Gravatt

Offers over $700,000

Apartment real estate, Upper Mount Gravatt QLD

This 2 bedroom apartment is located in one of the most convenient pockets of Upper Mount Gravatt, and offers fantastic buying potential for living or investment. Fully air-conditioned and with new paint and carpets throughout, this apartment is a must to inspect.

This apartment is designed with comfort and practicality in mind. It features an open-plan lounge and dining area that flows out to a low maintenance balcony, perfect to unwind and enjoy with family and friends. The spacious apartment includes a separate laundry, generously-sized bedrooms with built-in wardrobes, air-conditioning and ceiling fans, offering an abundance of natural light and airflow.

Features of this apartment:
- Located on Level 3
- Large ensuite with walk in robe, air-conditioning, ceiling fan
- Second bedroom with mirrored wardrobes, air-conditioning, ceiling fan
- Separate main bathroom
- Separate laundry
- Living area with air-conditioning and ceiling fan
- Modern kitchen with generous benchtop space
- NBN-ready
- 1 marked car park in the basement garage below the building
- 1 marked storage cage also in the basement garage

Building features:
- Ground floor outdoor swimming pool
- BBQ area and seating


Don't miss this incredible opportunity to invest in one of Brisbane's fastest growing areas or call this apartment your home! See you at the Open Home!

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

More Information

Property Overview

  • Category: Apartment
  • Details:   2    2     1
  • Price: Offers over $700,000
  • Area: 91m2

Property Features

  • Balcony
  • Intercom
  • Air Conditioned

Investment Information

  • Gross Return: $ 34840
    How much does the property return in rent per year.
  • Net Return: $ (not disclosed)
    How much does the property return after all management expenses are deducted.
  • Yield: 4.98%
    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: $ 6100
  • Rates PA: $ 1200
  • Management Fee: (not disclosed)%
    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.
  • Location

  • Address: 23/51-55 Lumley Street Upper Mount Gravatt QLD
  • Inspection Times

    24-May-2025 11:00AM to 11:30AM

    Listing Agent Contact Details


    Portrait

    Janice Chen

    Mobile : 0404 430 ...

    Send an Email:


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    • Property ID: 21153914
    • Broker's Ref:
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    • Last Update: 1 week ago.
    • Listing Type: Apartment
    • Price: Offers over $700,000
    • Upper Mount Gravatt, QLD

    Agent Details


    Portrait

    Janice Chen

    Mobile : 0404 430 ...

    Send an Email:


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