If you're looking for an stress-free, stable income till 2042, then this low-maintenance one bedroom, one bathroom unit at 15 Weightman Street is perfect for you. With free onsite parking and in a prime location, this property is an ideal investment for those looking to capitalize on the thriving rental market in Brisbane Inner City. Enjoy the convenience of nearby amenities and excellent transport links, ensuring steady guest demand. Don't miss out on the chance to secure a fully furnished property that promises an incredible return - this is a once in a lifetime investment opportunity! Unit and Complex features: • Free onsite parking • Self-service laundry facilities • Air conditioner and ceiling fan • Outdoor patio • Vending machine • Luggage storage • Onsite BBQ • Wifi services • Lease option period extends out to 2043 • Gross income of $15,299/annum (FY24) • Low Body Corporate fees - $820/quarter • Water and sewerage rates - $330/quarter • Council rates - $574/quarter • Negative gearing (please seek advice from relevant tax professionals) • Rent increases with CPI increases Location Features: Herston is a small inner-city suburb within a short 3.0km to the CBD, near the Royal Brisbane and Women's Hospital, Victoria Park, Kelvin Grove State College, Kelvin Grove Urban Village, and ideally located for the significant student population that studies at the nearby Queensland University of Technology and University of Queensland. It is walking distance to Victoria Park, the largest inner city greenspace, with 64 hectares of open space, perfect to have a picnic, kick the footy, climb trees, have a game of putt putt or walk your four-legged friends. Close proximity to major roads, busways and bike paths offers multiple options for travelling into Fortitude Valley, Southbank and the CBD. Easy access to the tunnels puts you just 20 minutes from the airport and allows for quick getaways to the coasts. With the 2032 Olympics now officially confirmed, this is also an outstanding opportunity to live in the heart of Herston and only 8mins drive from the CBD and benefit from future capital growth. ***Disclaimer*** Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence. Place Real Estate acknowledges the traditional custodians of the land on which we deliver our services. We pay respects to Elders past, present and emerging and recognise their cultural heritage, beliefs, and relationships with the land.
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