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4705/2 Carraway Street,
Kelvin Grove Queensland 4059

Price: Offers over $345,000

CALLING ALL INVESTORS 6% Rental Yield

LEASE JUST SIGNED FOR 1 YEAR @ $400 Per Week

This large 77 square metre 1 bedroom apartment sets itself apart from the rest in every respect. Located on level 7 with west facing aspect and in a perfect quiet and central location. Situated in the heart of the Kelvin Grove Urban Village. This is a property with "very good bones" ready for some more love and a new owner to sculpt the property to its full potential.

This apartment has reverse cycle air-conditioner in the living area, and would be a great home for an owner occupier or an astute investor wanting to get in to the Brisbane market before prices rise further. The parking is secure basement with an additional separate large 2m X 1.5m storage room. The total living area is approximately 77 sqm including balcony.

The onsite facilities include a communal lap pool, Gym, sauna and easy access to a wide array of restaurants, cafes, bars, public transport, Royal Brisbane Hospital and QUT and only 2.5km to the Brisbane CBD. Kelvin Grove is a sophisticated and popular lifestyle.

*** ENTRANCE from 2 Carraway St - Tower 4 ( Next to Southern Seoul Kelvin Grove) ***

Apartment Features:

- Located on the 7th Floor
- 200 Apartments over 4 buildings
- Apartment faces QUT medical building on Musk Ave
- Spacious layout with a 1 bedroom, 1 bathroom apartment, incl. built-in wardrobe;
- Open living design kitchen includes stainless steel appliances with a dishwasher, gas cooktop and high quality oven;
- Generous sized balcony off the kitchen area, perfect for entertainment;
- Includes split cycle air conditioning unit in the living area;
- Separate laundry area to reduce the internal noise disturbance;
- A secure car space and storage cage;
- Complex includes pool, gym, sauna and central park with a BBQ area;
- Security access and on-site manager.

Water rates: $276 Quarterly - tenant pays water usage of $76 dollars
Body Corp & Insurance :$1363 Quarterly
Council Rates: $452 Quarterly

Rental appraisal of approximately $400-$410 per week.

Complex Features:

The Kelvin Grove Village Centre complex is brilliantly designed with four separate towers divided by a central park which includes a lovely BBQ area, there is a gym, pool and sauna for use by occupants and the facilities are well maintained.

The Location:

Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Queensland University of Technology (QUT), Kelvin Grove State College (ranked top 5 in Brisbane) and the Royal Brisbane Hospital. Located less than 2.5km north west of Brisbane's CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb's proximity to the city.

Kelvin Grove has had an infrastructure boom over the last 7-9 years with the development of the Kelvin Grove Village. The village is home to many shops, cafes, restaurants, and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets - a popular attraction of the suburb. Well serviced by buses with easy access to the city along Kelvin Grove Road and other major roads, Kelvin Grove will continue to attract residents and tenants.

Contact us now for your private inspection...

Property Details

Price
Offers over $345,000
Address
Carraway Street
Suburb
KELVIN GROVE
Postcode
4059
Property Type
Apartment
Land Size
m2
Bedrooms
1
Bathrooms
1
Carparks
1
Property ID
20836265
Other Features
None,None