SaleBrisbane City QLD 4000Apartment2906/222 Margaret Street
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Rocky Zhong
+ 61 0413 760 053
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For sale

Apartment4w

Annual Rental Close to $40,000 (7% ROI !)

2906/222 Margaret Street, Brisbane City, QLD, 4000, Australia

2Bedrooms
1Bathrooms
59 m²Floor size
59 m²Land size
Map of the surrounding area
Nearest stations
Central
710M (9 mins)
South Brisbane
1.1KM (13 mins)
Station
Brisbane Roma Street
1.2KM (15 mins)

Property Features

  • Gym
  • Dishwasher
  • Alarm System
  • Built-in Robes
  • Pool In-Ground
  • Ducted Cooling

About this Property

Due to high occupancy booking, this unit has mostly been fully booked for most of weekends.

The next two Saturday will be the great window of opportunity to see this unit.

The next door 2907 was sold for $545K 4 months ago with very similar layout without furniture.

The owner of this unit recently made price alignment from $550K to $528,900 plus for QUICK SALE due to situation change.

This Unit comes with furniture package

Currently the owner is getting the fixed net rental income of $730 per week and the lease with AirB&B is upto March 2025 with view to extend.

**Please scroll down to view financial information about this property**

Please copy and paste the link below to view the current AirBnB website portal:
https://www.airbnb.com.au/rooms/1118378686959699970?adults=1&children=0&enable_m3_private_room=true&infants=0&pets=0&search_mode=regular_search&check_in=2024-07-18&check_out=2024-07-20&source_impression_id=p3_1718685201_P3m7Fma79qjafM9X&previous_page_section_name=1000&federated_search_id=85432658-b0d5-4ada-a50d-15d4299e174e

With the current Airbnb business performing exceptionally well and achieving an annual occupancy rate above 90%, this presents an outstanding opportunity for rental revenue.

This spacious 2-bedroom unit, perched on the 29th floor, offers modern elegance and thoughtful design. From the moment you step inside, you'll be captivated by its contemporary charm.

Privacy and Comfort: Two generously sized bedrooms provide ample privacy, perfect for unwinding after a busy day. The open-plan layout seamlessly connects the living area, kitchen, and bedrooms, creating a sense of spaciousness.

Gourmet Kitchen: The sleek kitchen features premium appliances, making meal preparation a pleasure. Strategically positioned between the bedrooms, it maximizes living space while ensuring convenience.

Laundry Convenience: Enjoy the ease of in-unit laundry facilities, eliminating the need to leave your apartment for laundry tasks.

Fitness and Relaxation: Head up to the 40th floor, where you'll find a state-of-the-art gym, a refreshing swimming pool, and inviting BBQ/entertainment areas. Take in breathtaking city skyline views as you unwind.

Property Features:
- Open-plan living area with floor-to-ceiling windows
- Spacious bedrooms with built-in robes
- Modern bathroom
- Sleek kitchen with gas stove, rangehood, and dishwasher
- Ducted air-conditioning throughout
- Separate laundry cupboard and storage
- Intercom
- On-site management
- Conveniently located with easy access to shopping, transport, and schools
- Spectacular 40th-level views with amenities including swimming pool, gymnasium, and BBQ/entertainment areas
- Rental income of approximately $700 to $750 per week

Local Developments:
Kangaroo Point Green Bridge: Brisbane City Council's Kangaroo Point Green Bridge will soon become a must-visit destination for residents and visitors. The final design of this city-shaping project includes two unique riverside dining venues, including an above-water restaurant.

Mary Street Vision: Plans are underway to revamp Mary Street in preparation for the new Albert Street train station. This vision aims to reshape Gardens Point with wider footpaths, more greenery, better outdoor dining spaces, additional seating areas, improved lighting, and rain shelters for commuters.


Strata : $1,695 approx. per quarter (admin fund, sinking fund, and building insurance)
Council rates: $500 approx. per quarter
Water rates: $250 - $280 approx. per quarter

Disclaimer:
Please note that this property is advertised for sale without a price, and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes. Please do not make any assumptions about the sale price based on website price filtering.

Should you have any questions regarding this property or wish to arrange an inspection, please contact Rocky Zhong at 0413 760 053.

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Rocky Zhong

The Aurora Newstead Team
+ 61 0413 760 053
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More Details on 2906/222 Margaret Street, Brisbane City QLD

How many bedrooms and bathrooms does 2906/222 Margaret Street, Brisbane City have?

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2906/222 Margaret Street, Brisbane City is a 2 bedroom, 1 bathroom apartment.

Who is the agency that listed 2906/222 Margaret Street, Brisbane City?

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The agency who listed 2906/222 Margaret Street, Brisbane City is The Aurora Newstead Team - you can contact the agents here.

How many car spots does 2906/222 Margaret Street, Brisbane City have?

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2906/222 Margaret Street, Brisbane City is a 0 car spot home.

How much is 2906/222 Margaret Street, Brisbane City?

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The price of 2906/222 Margaret Street, Brisbane City is Annual Rental Close to $40,000 (7% ROI !) - contact the agents to find out more.