Light-Filled Apartment with Spacious Balcony

$610,000

Unit real estate, South Brisbane QLD

Perfectly situated in the heart of one of Brisbanes most dynamic lifestyle destinations, this well-appointed one bedroom apartment at Russell Street represents an exceptional opportunity in the high-demand South Brisbane market. Ideal for first-home buyers seeking a modern, low-maintenance city base or investors looking for reliable rental returns, this property offers unbeatable value.

Featuring a smartly designed open-plan layout, the apartment maximises space and natural light throughout. The contemporary kitchen flows seamlessly into the combined living and bedroom area, while the private balcony provides an inviting outdoor retreatperfect for unwinding or enjoying the inner-city atmosphere.

Positioned just a short stroll from South Banks vibrant cultural, dining, and entertainment precincts, as well as the CBD and multiple public transport options, this property promises strong rental appeal and excellent long-term growth potential.

Locations Highlights:
- Vine is located only minutes from South Bank, Queen Street
- 5- minute walk to Convention & Exhibition Centre
- 10- minute walk Cultural Centre Bus Station
- Minutes away from IGA, Coles, Woolworths, and all your daily necessities
- Brisbanes Cultural Precinct (Gallery of Modern Art, Queensland Museum, QPAC, State Library and Queensland Art Gallery)
- South Brisbanes network of office spaces
- Melbourne Street dining precinct
- Bus, train and ferry terminals
- Nearby gymnasiums, pools and riverside parks.

Financials:
Body corporate rates: $2522 per quarter
Urban utilities: $347 per quarter
Council Rates: $548 per quarter
Rent: $600/pw

More Information

Property Overview

Category: Unit
Details: 1 1 1
Price: $610,000
Area: 60m2

Property Features

Balcony
Intercom
Air Conditioned
Spa
Open Fire Place

Investment Information

Gross Return: $ (not disclosed)
_{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: (not disclosed)
_{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: $ (not disclosed)

Rates PA: $ (not disclosed)

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.}