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Sold: Lot 39, Quest on Story Bridge, Brisbane, QLD

Sold: Lot 39, Quest on Story Bridge, Brisbane, QLD

6.95%  2 Bedrooms 2 Bathrooms

Quest Story Bridge

Only moments from the heart of Brisbane CBD and 20 minutes from Brisbane Airport this two bedroom loft style apartment provides a solid yield for investors.

With new air-conditioning, carpets, paint, curtains and refurbished kitchen cabinetry together with outdoor entertainers balcony.

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 39 $355,000 Sold 2 BR 6.95% $474 $24,663

Next Rent Increase: 15/10/2016
Lease Terms: Lease to 14/10/2017 plus 2 x 5 Year options.
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2017)

Approximate Owner Outgoings:

Council Rates: $1252 per annum approx.
Water Rates: $920 per annum approx.
Body Corporate Administration fee: Paid by Tenant
Body Corporate Sinking fund: $1180 per annum approx.

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