Investment Goldmine. 7% Gross Yield

111/82 Alfred Street, Fortitude Valley
2 bed | 2 bath | 2 garage
Sold For $470,000

Could there be an easier set and forget investment? With low body corporate rates and outgoings, a highly sought after location and super low vacancy rates this opportunity will be snapped up.

This property consists of two separate spacious studio apartments. A current rent return of $650 per week should put a nice dent in the mortgage repayments.

Apartment interiors reveal modern clean lines, which are spacious and well-appointed with high quality fittings- ideal for contemporary living, entertaining and relaxing.

Kitchens are well appointed with valuable storage space and stainless steel appliances, Smeg microwave, dish-drawer dishwashers, oven, range-hood and cooktop.

Of course the location is spot on with the close proximity to all amenities, including transport, cafes, restaurants, entertainment, recreation facilities, being one of the primary reasons people choose to live here.

It all adds up to a great opportunity. Look at what is on offer!

• Low body corporate rates and outgoings
• Two prized car parks in a central Valley location (that could be retained or leased separate from the apartments in the future)
• Highly sought after location
• Excellent opportunity for both increased rental returns and capital growth