Brisbane City 2404/222 Margaret Street
Now you can buy the carpark for less and get dual income (apartment plus carpark)
**Please scroll down to find financial information on this property** This apartment is located in the Uptown Tower
Hey Rocky, how much does the owner want?
This unit is priced to sell due to change of family circumstance. Be very quick!!! Below are comparable sales:
713 ( level 7) same layout with car park - SOLD for $600,000 1502 (level 15) same layout and same view - SOLD for $600,000 715 (level 7) same layout with no carpark - SOLD for $530,700 1602 (level 6) same layout with no carpark -SOLD for $535,000
Please also read news below to see how much the carpark is worth and why it is going to be very rare to have unit with carpark in the future
https://www.theurbandeveloper.com/articles/brisbane-high-density-parking-requirements-dropped
After above comparable sales, what I can tell is that owner is looking for early $600Ks (we believe even below bank valuation). If this sounds fair to you, please call to have a chat.
WHAT MAKES THIS APARTMENT BETTER IS THAT THE VIEW IS AWAY FROM FUTURE MERITON HOTEL DEVELOPMENT !!!!
Exclusive Car Park Space (C8104) boosting an extra $100 per week. This apartment includes a rare 15m² car park space, ideal for a medium-sized car.
The unit is currently leased by a student who takes excellent care of the property. To maintain goodwill, the owner has kept the rental at a moderate level, which adds unseen value. The current rental income is $570 per week until March 2025, with the tenant possibly vacating a few months earlier. The new rental appraisal is $750 to $780 per week.
Unit Features Include:
Exclusive car park which is allocated to this unit Open-plan living and dining room overlooking the stunning Brisbane River and city skylineGood-sized bedroom with built-in robes Stylish modern kitchen equipped with a gas 4-burner cooktop, dishwasher, and breakfast benchModern bathroom with high-quality fittings and fixturesAbundant natural light from floor-to-ceiling glass windowsDucted air conditioning throughoutConvenient internal laundry
The Owner Loves
Waking up to the stunning river view every morningWalking to the Botanic Gardens, Union Square, and South BankEnjoying the amenities and services of Sky TowerLiving in the heart of Brisbane's most vibrant and sought-after neighborhoodRental income of approximately $750 to $780 per week
Sky Tower Building Features:
Prime Brisbane CBD location with luxury concierge receptionFive-star amenities and servicesEntertaining spaces and BBQ Facilities on multiple recreational decksSwimming pool with panoramic views on level 40Fully equipped gymSteam Room
Don't miss this opportunity to own a piece of the sky!
Outgoings
Body Corporate Levies: $2,100 approx. per quarter
Council Rates: $500 approx. per quarter
Water Rates: $250 to $280 approx. per quarter (excluding water usage)
Disclaimer: This property is advertised for sale without a price, and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on the website price.