512/7 Hope Street South Brisbane Qld 4101

$469,000

Opportunity Knocks - Inner City Campus Apartment Apartment - Property ID: 750576

A fabulous investment opportunity is knocking at your door with this low maintenance, modern, 2 bedroom, 2 bathroom apartment that comes fully furnished. Conveniently located in the absolute heart of Brisbane's educational and entertainment precinct, Southbank Campus Apartments offers safe and secure accommodation for students or owner occupiers with excellent onsite facilities. 

Currently renting for $470 per week plus additional $100 per month for carpark income, equating to $493 per week in gross income. The apartment has been fully tenanted since the current owner originally purchased. Ideal for student accommodation but owner-occupied is also permitted. 

Why not secure your child's University accommodation and still have an income stream renting out the 2nd room? Walking distance to the City, West End, museums, art galleries and with public transport options aplenty, you will be hard pressed to find a more convenient and affordable location. 

Both bedrooms are secure and lockable and include single beds, large desks, built in cupboards, ceiling fans and their own ensuites. The lounge is air-conditioned and leads out to a private balcony. The complex includes onsite management and key card access to room and each floor.

The communal facilities of the complex include:

:: Roof top swimming pool with spectacular City views & BBQ area

:: Fully equipped gym

:: Indoor recreational area including table tennis, TV and sofas

:: Coin operated laundry with commercial machines and dryers

:: Visitor car parking spaces

For the student, the apartment is located within walking distance of:

:: Queensland University of Technology (QUT)

:: Southbank Institute of TAFE

:: Queensland Conservatorium of Music (Griffith University)

:: Queensland College of Arts (Griffith University)

:: University of Queensland

:: James Cook University

:: Queensland College of the Arts (Griffith University)

:: Sarina Russo College

:: Brisbane International Academy

:: Office Business Academy

Rates: $305.47/qtr + Water & Sew

Admin: $3150/pa Sink:$1793/pa

Sinking Fund Balance: $309,895