This property is a unit located in 1024/SP161687 Milton QLD. In this market, it is valued at approximately $470,000. Built in 2006, it has 2 bedrooms, 2 bathrooms.
Inspect By Appointment Situated on the 2nd level of the ever popular 'Edge' apartment complex, this comparatively large apartment will make the perfect addition to any portfolio. With access to all the first class facilities that makes this complex stand out from the rest, less than 100m from Park Road and the new Milton development, now is the perfect time to invest in your future...and your lifestyle. This will be the best value unit in the complex so inspect immediately!If you're looking for a positive or neutrally geared investment, here's the numbers:Body Corporate and Rates: $7,618 approxPrice: $475,000Rental Income per Annum: $27,040Yield: 5.1%**The Edge Complex is located in the highly progressive suburb of Milton. The complex is tightly held with the last 2 bedroom selling back in 2015. Located only minutes from everything you could ever need. A bonus... walk to local cafes, bars, bottle shop, Deli, Restaurants and more. This address also gives you direct access to transport (bus and train), popular Schools and the Brisbane CBD. For those who love the outdoors, this complex comes complete with pool and barbecue facilities for entertaining, and the local parks are nearby.The layout is perfect for buyer looking for the low maintenance lifestyle or investor looking to grow their personal wealth. This one is currently rented at $520 per week until January. Overall there are 2 sizeable bedrooms, 2 bathrooms, open plan kitchen, dining / living and your own balcony spanning the length of the unit.Additional Notes:- Parking for one vehicle- Air-conditioned throughout- Milton State School Catchment Zone- Kelvin Grove State High School Catchment Zone- Immaculately presented- Pool and BBQ Facilities in Complex- Milton State School (4 mins drive)- Bus Stop to CBD - 460m- Train to CBD - 260m- Body Corporate Fees - $6042.15 per annum- BCC Rates - $1575.80 per annumOur owners are motivated to sell and there has never been a better time to buy. The generous rental yield makes this an appealing property for all types of buyers. It's time for our sellers to pass on the keys, so inspect, fall in love, make your offer and own!**Rental yield is calculated based on a 20% deposit and 80% lending of the advertised price.