PROPERTY DESCRIPTION

This property is currently not available.

** Auction on-site… NO offers prior – NO price guides **

The studio apartment in Kangaroo Point is the perfect opportunity for an entry-level buyer or an investor looking to add to their portfolio.

This apartment screams location, location, location! Nestled in the heart of Kangaroo Point just metres from the Kangaroo Point Cliffs this apartment offers opportunity. Once renovated, you will own real estate in a prime Brisbane location.

From here you can leave the car safely parked in your secure garage and walk, cycle or scooter over the Story Bridge into the Valley or across the Goodwill Bridge into the city. In the evenings take a stroll along the top of the Kangaroo Point Cliffs and admire the bright lights of the city.

The Gabba cricket ground is just 1 kilometre down the road … home of the cricket, AFL and the recently secured Olympic Games!

The Woolloongabba Busway is also nearby, and the new Woolloongabba underground railway station is under construction and once completed will provide an amazing boost to the area.

This studio apartment is showing signs of age and does need a makeover. The main living area is complemented by a functional kitchen at one end and a bathroom.

Once renovated, investors would likely achieve strong rental returns due to its proximity to the city and also numerous local hospitals and educational institutions.

Take advantage of this rare opportunity to buy into this prime area of Brisbane at this level.

* Body Corp: $538 per quarter
* Rates: $407 per qtr
* Rental Appraisal: $260-280 per week

** NO OFFERS CONSIDERED PRIOR TO PUBLIC AUCTION. **

As per legislation governed by the 2014 Property Occupations Act, we CANNOT disclose any price expectations for sales via public auction in Queensland.

Auction on-site – Auction Terms: 5% deposit, 42-day settlement