SOLD IN 5 DAYS BY THE DOCTOR! Attention: Frequent Business/Leisure Travelers to Brisbane. Why pay for accommodation when you can stay in your own apartment and reduce your costs dramatically. This is one of the BEST VALUED STUDIO APARTMENT in the Inner City. Fantastic Location! Extraordinary convenience with mountain views. This is the perfect getaway home or business accommodation for busy people who want comfort, convenience and lifestyle in a fantastic location that offers so much. This is a no brainer for the smart savvy buyer who wants lifestyle above all else. Do the math. IF YOU PLAN TO COME TO A SCHEDULED OPEN HOME PLEASE CALL 0432 00 33 55 PRIOR TO COMING.
This apartment is ideal for an individual or couple that frequent inner city Brisbane for work or pleasure and want their own place rather than staying at a hotel or friend's place. And when you are not using your apartment, have it rented out on a daily basis by allowing the onsite professional management rent it for you. You will be surprised at how much you will save by not paying regular hotel accommodation in the CBD or close by. Join the others who have recently purchased in the Cosmo Apartments for this very reason (to save you money and make life that much more enjoyable). The math is simple. Call or email today to learn more. Please note, you can't use this property as your principal place of residence, however owners have good rights - call the agent for further details. Please also note this complex was not inundated by water from the late February/early March, 2022 floods.
Remove the hassle of commuting. Your fully furnished spacious studio apartment in a cracking location is waiting for you. Stay whenever you need it; stay for a weekend, stay mid-week, or stay for a month. When not using your apartment, have the friendly professional onsite Cosmo Staff rent it out in the short-term rental pool for you. So easy. Cleaning and maintenance no problem, they will also look after that for you. Apart from the cracking location, the next best thing about this apartment is that it's very affordable.
ABOUT THE LOCATION
With Roma St Station Precinct upgrade (includes cross-River Rail) and new world class Queen's Wharf Brisbane both under construction, together with the bonus of the Olympic Games being held in Brisbane in 2032 this is a no brainer for the long-term savvy buyer.
• Located on trendy Park Road
• Walk to everything, restaurants, iconic hotels, cafes, bottle shop, shopping areas and cinemas.
• 15 minutes drive to the Brisbane domestic airport (less to the international airport)
• Brisbane's most acclaimed Chinese restaurant "China Sea - Milton" is a resident in this complex.
• Do you love sports and entertainment - Suncorp Stadium is 1.0 km away
• Walk to the Milton Train Station (two stops to the city)
• The Milton CityCat Terminal is 150 metres away (one stop to the city, two stops to Southbank parklands, restaurants, museum, performing arts and much more)
• Walk to the City (approx. 2.3 km - 30 min)
• 65-80 minutes drive south or north to world class beaches
• Do you like walking, running, or cycling - fantastic riverside walkway is just 100 metres away
ABOUT THE APARTMENT
• Stylish 4.5 star studio apartment on the third level of a five story complex
• 39 sqm of living plus free use of the secure carpark when the owner stays.
• Private balcony with fantastic views towards Mt Cooth-tha
• Free High speed Wi-Fi recently installed
• Rare, free car parking available when owner stays
• Tasteful decor and furnishings
• Self-contained kitchenette
• Washing machine and drier in hideaway in bathroom
• Sold fully furnished
• Airconditioned
• Small gym and large sauna
• Professionally managed by Central Cosmo Apartments
FINANCIAL INFORMATION ON THIS PROPERTY
The net revenue, after rental management fees, cleaning fees and maintenance costs, for the financial year to 30 June 2023 was $11,246 or average of $216 p.w. The gross revenue for this same period was $24,522.
Outgoings
Brisbane City Council Rates: Approx. $400 per quarter
Qld Urban Utilities (Water). Approx. $250 per quarter
Body Corporate Fees: Admin & Sinking Fund = $6,316 per year (Admin is $5,585 p.a. and Sinking fund is $731 p.a)
Insurance = $250.30 per year.
Balance of Sinking Fund: $299,741 as of 28 August 2023.
Want a virtual tour no problems. For further information on this property, please call (0432 00 33 55) or email Jeff Smith.
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