Cashflow Positive Apartment FIRB SMSF Single Contract

Lot 902 - 50 Carl Street - Woolloongabba

$ 1,499,000.00

Woolloongabba,, Brisbane, QLD, 4102

Lot 902 - 50 Carl Street - Woolloongabba-featured
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Lot 902 - 50 Carl Street - Woolloongabba-2
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Lot 902 - 50 Carl Street - Woolloongabba-4
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Lot 902 - 50 Carl Street - Woolloongabba-8

Overview

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Property ID: LA-5175

Bedrooms
4
Bathrooms
4
Garage
0
Year Built
N/A
Area
N/A
Lot Size
N/A sq ft

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Positioned in the heart of thriving Woolloongabba, 50 Carl delivers exclusive2,3 and 4-bedroom apartments with uninterrupted views of a luscious park. Only 3km from Brisbane CBD, The building offers an accessible lifestyle with local amenities at your doorstep - including local cafes, restaurants, shopping centres and seamless connectivity to the SE Freeway and city bikeways. 50 Carl Street is also within the Woolloongabba Masterplan and walking distance from the Cross River Rail & Woolloongabba Stadium.

50 Carl is adjacent to the proposed Buranda Village Masterplan, for which a development application hasbeen lodged with works commencing 2025. An exciting new redevelopment in the heart of the Gabba, steps away from 50 Carl Street. The approved plans included more than 620 apartments and three commercial buildings, amounting to about 50,000square metres for health services and office space.

Construction of new pedestrian bridges and walkways, facilitating easier access to near by amenities and attractions. The Kangaroo Point Green Bridge represents a pivotal connection between Kangaroo Point and the CBD, facilitating seamless pedestrian and cycling access between these areas as well as the eastern suburbs. Beyond its functional purpose as a bridge, this project aims to redefine the landscape as a destination in its own right for both locals and tourists. Envisioned with a focus on enhancing the riverside experience, the bridge's final design will showcase several distinctive dining establishments along its span.

Additional Details

  • Property Type: Cashflow PositiveApartmentFIRBSMSF Single Contract
  • Property Stage: N/A
  • Price: $ 1,499,000.00
  • Land Price: N/A
  • Build Price: N/A
  • Beds: 4
  • Bath: 4
  • Garage: N/A
  • Storey: N/A
  • Study: N/A
  • Power Rooms: N/A
  • MPR: N/A
  • Powder Room: N/A
  • Balcony: N/A
  • Floor Plan: G
  • Completion: Completed
  • Land Size: N/A
  • Area Size: N/A
  • Year Built: N/A
  • Est. Rates: 10060
  • Est. Rent PW: 1550.00
  • Est. Body Corp.: 7124
  • Title Status: N/A
  • Gross Per Week: $ 1,550.00
  • Gross Per Annum: $ 48,100.00
  • Gross Yield: 5.38%
  • Capital Growth 12 Months: -6.23%
  • Capital Growth 10 Year Annualised: 6.86%
  • Vacancy Rate: 0.97%

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