Within easy reach of a plethora of amenities and based in a solid community with reasonable body corporate fees, this entity will suit all types of buyers.

Add to your portfolio or buy as your principal place of residence knowing that once renovated, it’s value will grow promptly.

The 1970’s “Merthyr Lodge” holds 10 units and ours is a simple, second floor walk-up which not only includes secure garage spot but an additional car space.

Stonetop benches in the kitchen, built-in robe in the bedroom and two ceiling fans plus secured windows are positive inclusions.

It is also complimented with neatly tiled bathroom/toilet, basic internal laundry and a sizeable lounge/dining opening to a lovely enclosed balcony.

Placed within Fortitude Valley High/New Farm Primary school catchment and walking distance to Citycats, cafes, shops, parks and bus transport, the position is highly desirable.

Whether searching for a simple investment option to modernise and enrich or an entity more affordable than a house in this affluent suburb, do not miss this auction.

Lot: 1 BUP: 395 Brisbane City Council
Rates: $424 qtrly (approx. with no discounts/water)
Body Corporate Fees: Admin=$665 and Sinking=$273 per quarter (approx.with Sinking Fund=$92,900)
Compliant smoke alarms have been installed.

Auction Terms: Cash, Unconditional-5% deposit via EFT on auction day-42 day settlement (lesser timeframe can be requested after purchase).

*NO OFFERS CONSIDERED PRIOR TO PUBLIC AUCTION NOR ARE PRICE EXPECTATIONS APPROVED TO BE CONVEYED*
As per legislation governed by 2014 Property Occupations Act, we cannot disclose price expectations for sales via public auction in QLD.
**ALL OTHER INSPECTIONS BY APPOINTMENT (B&P may be arranged after first advertised open inspection-have your chosen organisation contact QPT to make appt).**