Conveniently located on Ann Street, bordering Fortitude Valley, Spring Hill and the Brisbane CBD.
The New Yorker is an old warehouse built in the 1880s that was converted into appartments in the 1990s.
The building has a lot of charm and character featuring 3.8 meter ceilings timber floors and exposed wooden beams.
There is plenty of potential for a creative person to profit from future renovations.
Currently leased for $410 per week through the on site manager this apartment is rarely vacant for very long.
The area is very popular with students and inner city workers.
There is an onsite manager, Gym, Spa and Sauna on the Ground floor.
Woolworths Spring Hill is less than five minutes walk.
The restaurants and night life of Fortitude Valley are less than 10 minutes walk.
Outgoings are as follows (Approximately)...
Rates $375 per quarter
Water $320 per quarter
Body Corporate $4000 per year
With two bedrooms and a strategic inner city location higher rental returns may be achievable by a savvy Air BNB operator.
Similar properties in this area Air BNB for $130 per night.
The apartment features built in Air Conditioning and a brand new hot water system.
It's Fully Furnished and comes with ..
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