WISE REALTY PROPERTY LISTING by lindayy

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									      WISE REALTY Brisbane Property Listing                                         Q297
      Listing Publish Date: 4 June 2004




       ANNERLEY




                           RESALE THREE BEDROOM UNIT

                                                5 klm from CBD

                                           PRICE $290,000
                                              TENANTED $250pw
                                            4.48% Gross Rent Return
                                          Excluding Tax Benefits & Capital Growth



For more information on this or any other WISE Realty listing, contact…
Wise Realty, Management & Development Pty Ltd
Spring Hill Office, QLD
Shop 5, 474 Upper Edward St, SPRING HILL QLD 4000
Phone: 07 3837 0300 Fax: 07 3832 3696
Email: office@wiseinvestment.com.au

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ANNERLEY 4 JUNE 2004 Q297
This block of units is only three years old and is still in immaculate condition. U4 has the best
position in the block, top floor front unit. Located in a quiet street, just 50 metres away from
Ipswich Road with local shops and public transport. A great rental property at the right price.
FINANCIALS
PRICE - $290,000. Buyers are advised to obtain a QS Depreciation Schedule at their own expense.
This can be arranged through Wise. RENT - Existing tenant through Wise Realty Property
Management at $250pw on lease to 6 July 2004. BODY CORP FEES - $1,389 per annum.
COUNCIL RATES - $1,300 per annum approx.
FINISH & FITOUT
CONSTRUCTION - Concrete block, rendered and painted. Concrete floors. Powdercoated
aluminium framed windows and doors. ROOF - Colorbond Custom Orb. Colorbond ridge capping
and fascias. SECURITY SCREENS - All sliding windows and sliding doors. VERTICAL DRAPES - All
sliding windows and sliding doors. KITCHEN - Stainless steel one and half bowl sink. Technika
stainless steel under bench oven and cooktop (ceramic ), and slide out rangehood, plus Blanco
dishwasher. LIVING AREA - Air Conditioned. SECURITY - Intercom, through secured entry.
GARAGE - Roller door to single lock up garage under. WARDROBE DOORS - U4 plain doors with
main bedroom mirrored. CUPBOARDS - Kitchen - laminated with timber finish. Bathroom -
Custom made vanity. HOTWATER - ENERGEX Gas hotwater system (separate meters).
CLOTHESLINE - Each unit has its own foldaway clothesline. OTHER INCLUSIONS - 3 TV points , 3
telephone points, landscaping, fencing, privacy screens, 2 visitor car parks.
LOCATION AND AMENITIES
Annerley is one of Brisbane’s older southside suburbs, just 5 klm from the CBD. The suburb has a
range of housing styles, from large rambling Queenslanders and Colonial timber and tin homes to
modern residences. Due to the appeal of the area as a desirable residential address and the
increasing expense of buying into residential detached accommodation, higher density
developments have increased in the area in recent years. Just over the street from the unit is
access to a large “Food for Less” supermarket which faces onto Ipswich Road. The unit is only a
short 50 m walk to Ipswich Road where there is a mix of convenience retail shops, commercial
businesses, café’s, restaurants, Hungry Jacks, hot bread shop. This area of Brisbane is centrally
located between the Princess Alexandra Hospital and the Greenslopes Private Hospital and it is not
far to the Mater Hospital. Local Medical Centre, chemist and dentist are also located nearby on
Ipswich Road. Ekibin and Yeronga Parks are only a couple of hundred metres walk. The Chardons
Corner Pub and The Junction Hotel with entertainment, poker machines and food and drink are
also located within easy walking distance. A connection with the South East Freeway can be made
at Cornwall Street, Greenslopes (a short drive) and it is then only minutes to the CBD.
Alternatively, proceeding south from Cornwall Street, it's only about 50 minutes to the fabulous
Gold Coast. The Busway adjoining the South-East Freeway has recently opened, providing quick
access both to and from the City. Train transport to the City can be accessed at nearby Fairfield
Station.
PROPERTY COMPARISONS
CBD Homes report that their latest development at 59 Gustavson St, Annerley of three bedroom,
double story townhouses has been fully sold at asking price of $359,000.
Development of three bedroom townhouses at 9 Tamworth St, Annerley, under construction by
APD, has one townhouse remaining for sale. Prices range from $349,000 to $365,000.

Disclaimer The information contained in this Property Listing has been provided by the vendor, or by authorities, or third party
providers and, as such is deemed to be accurate at the time of producing this publication. The author makes no claim as to the
accuracy of the information within and does not intend it to be legally binding. The information contained is subject to the final
contract, and interested parties must make their own separate enquires to verify and ensure the accuracy of the information herein.




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