Sales and Investments The Galleries On Brunswick Accommodation Apartment Units for Rent Fortitude Valley, Brisbane

Sales and Investments

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INVESTMENT OPPORTUNITIES

From time to time an opportunity arises to invest in this prestigious apartment complex, ideally situated in Brisbane’s vibrant Fortitude Valley precinct and surrounded by some of the city’s best cafes and restaurants.

Its location within walking distance of the CBD and just 12km from Brisbane airport ensures that the spacious one and two bedroom apartments are consistently in demand for professional long-term rental.

The added advantage of 24 hour on site management ensures that owners can sit back, relax and enjoy the excellent returns. 

Apartment Features…
• Spacious layout
• High quality furnishings
• Gourmet kitchen
• Reverse cycle air conditioning
• Separate laundry

Complex Features…
• Resort style pool, heated spa, sauna, gym, barbecue facilities
• High tech security access
• Secure underground carpark
• On site management
• Situated in a non-flood area (near Storey Bridge cliffs)

Financial and Other Benefits…
• No land tax on investment property in Queensland (under $1 million)
• High demand for long-term rentals and attracts good quality tenants
• Well run Body Corporate with low fees
• Healthy Body Corporate Sinking Fund (approx. $250,000, Jan 2012)
• Good possibility of capital growth over next five years
• Similar size units in new developments (further from the CDB) currently selling off the plan for up to $100,000 more

Independent reports confirm Fortitude Valley’s investment credentials –

Median price growth has averaged 5.5% per annum over the last ten years.
Source: Resolution Research

Annual growth in median weekly rents has averaged 6.6% over the last five years.
Source: Residential Tenancies Association

Fortitude Valley apartments are achieving rental yields of 5.7%.
Source: Australian Property Monitors

Population forecast to increase by 300% by 2030 and $19.5 billion in infrastructure investment planned or underway.
Source: Resolution Research 

Sales / Investments

Carrara
3 Bedrooms, 2 Bathrooms,
FOR SALE


Fortitude Valley
1 Bedrooms, 1 Bathrooms,
FOR SALE


The Galleries On Brunswick