Ivy Lin
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Sold
Block_of_units
SOLD on Jun 2024
Contact for details
126 Warren Street, Fortitude Valley, QLD, 4006, Australia
22
4
2
365 m²
405 m²
Nearest stations
Fortitude Valley
548M (7 mins)
Central
816M (10 mins)
Exhibition
1.0KM (13 mins)
Property Rates
- Council Rates7134.20
Property Features
- Study
- Rumpus Room
- Built-in Robes
About this Property
Like a rare gemstone, here is a high yield investment opportunity with earnings just like a super fund and better than bank interest.
Located in a convenient, but high demand rental area this property is within easy reach to the City, Fortitude Valley Train station, Buses, local Cafés or Restaurants and an abundance of private colleges which is what makes an attractive housing choice for the international student market.
This dorm style building, a Qld'er by nature has been freshly painted inside, renovated with modern facilities, totally clean throughout with modern furnishings or equipment and fully tenanted with gross earnings of almost $256,000 annually. There are 23 rentable rooms in total, 4 bathrooms, 8 toilets, also with 1 communal sitting/ dining plus kitchen area which makes this property, a low risk, easy to manage investment suitable for an established experience operator looking to add to their portfolio or would also be ideal for a semi-retired husband and wife team, who want to add to their annual income.
The Brief
-Qld'er style Budget building /Currently student accommodation facility
-High yield investment - $255,800 gross per annum
-Fabulous Net operating performance of $150,000+
-Previously with BCC MP5.7 compliance & QFES fire safety compliance
-405m2 lot, Zoned CR1 - Spring Hill/ NPP Mix Use Precinct
-Superb location with and easy walk to CBD, Shops, Colleges & Transport
Rarely do the good ones become available and with rental demand of this type of accommodation at an all time high, what are you waiting for invest now and collect a great return.
For an Information kit or to arrange an inspection Call or email today.
Disclaimer: Whilst every care has been taken, AGENTM property will not be held liable for any errors, discrepancies or incorrect data supplied in this advertisment of information manual. All interested parties should rely on their own inquiries or investigation.
Located in a convenient, but high demand rental area this property is within easy reach to the City, Fortitude Valley Train station, Buses, local Cafés or Restaurants and an abundance of private colleges which is what makes an attractive housing choice for the international student market.
This dorm style building, a Qld'er by nature has been freshly painted inside, renovated with modern facilities, totally clean throughout with modern furnishings or equipment and fully tenanted with gross earnings of almost $256,000 annually. There are 23 rentable rooms in total, 4 bathrooms, 8 toilets, also with 1 communal sitting/ dining plus kitchen area which makes this property, a low risk, easy to manage investment suitable for an established experience operator looking to add to their portfolio or would also be ideal for a semi-retired husband and wife team, who want to add to their annual income.
The Brief
-Qld'er style Budget building /Currently student accommodation facility
-High yield investment - $255,800 gross per annum
-Fabulous Net operating performance of $150,000+
-Previously with BCC MP5.7 compliance & QFES fire safety compliance
-405m2 lot, Zoned CR1 - Spring Hill/ NPP Mix Use Precinct
-Superb location with and easy walk to CBD, Shops, Colleges & Transport
Rarely do the good ones become available and with rental demand of this type of accommodation at an all time high, what are you waiting for invest now and collect a great return.
For an Information kit or to arrange an inspection Call or email today.
Disclaimer: Whilst every care has been taken, AGENTM property will not be held liable for any errors, discrepancies or incorrect data supplied in this advertisment of information manual. All interested parties should rely on their own inquiries or investigation.
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Michael Mangelakis
RE/Max Street
+ 61 0417 755 541
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More Details on 126 Warren Street, Fortitude Valley QLD
How many bedrooms and bathrooms does 126 Warren Street, Fortitude Valley have?
126 Warren Street, Fortitude Valley is a 22 bedroom, 4 bathroom block_of_units.
Who is the agency that listed 126 Warren Street, Fortitude Valley?
The agency who listed 126 Warren Street, Fortitude Valley is RE/Max Street - you can contact the agents here.
How many car spots does 126 Warren Street, Fortitude Valley have?
126 Warren Street, Fortitude Valley is a 2 car spot home.
How much is 126 Warren Street, Fortitude Valley?
The price of 126 Warren Street, Fortitude Valley is Contact for details - contact the agents to find out more.