Sold: Quest on Story Bridge, Brisbane, QLD
Quest Brisbane Property Investment
Only moments from the heart of Brisbane CBD and 20 minutes from Brisbane Airport this one bedroom apartment provides a solid yield for investors.
With new air-conditioning, carpets, paint, curtains and refurbished kitchen cabinetry together with outdoor entertainers balcony and underground secure car park.
Other amenities include an in-ground swimming pool, workout room and conferencing facilities.
|Apartment||Asking Price||Status||Design||Gross Return||Weekly Rent||Rent p/a|
|Lot 3||$244,000||Sold||1 BR||8.97%*||$397||$20,695**|
|Lot 7||$244,000||Sold||1 BR||8.86%*||$409||$21,319**|
|Lot 31||$230,000||Sold||1 BR||8.22%*||$341||$17,734**|
**For lots 3, 7, and 31 services such as Foxtel, Gas and Electricity are being paid by the landlord though the body corporate and as a result the tenant reimburses each quarter (Total of approx. $1200 per annum)
Next Rent Increase: 15/10/2016
Lease Terms: Lease to 14/10/2017 plus 3 x 5 Year options.
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2017)