• HIGH YIELDING NRAS INVESTMENT –  POSITIVE CASH FLOWS*
L2 / 66 Manning St, South Brisbane, Queensland 4101

Offers over $395K

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HIGH YIELDING NRAS INVESTMENT – POSITIVE CASH FLOWS*

Price Guide: Offers over $395K Submit All Offers!

Notable Features:
The Property: 1 Bed | 1 Bath |1 Car park
Level: 2
Internal: 49m2 External: 4m2 Total:53m2
Rental Return: $310 p.w. (approx.) Lease til: 2.11.18
Body Corporate: $1,267.54 p.q. (approx.)
Council Rates: $313.55 p.q. (approx.)
Urban Utilities: $220.39 p.q. (approx.)
Car Park #SC119
View: www.joemacalino.com.au/1636

The Complex: The Plaza South Brisbane
Built Date: 2014
Total Units: 168
Floors: 14 Levels
Facilities: Pool, BBQ Area, Gymnasium, Reading Room

A rare opportunity for a set and forget style investment with at least 6.9% return and amazing NRAS benefits.
CURRENT NRAS DISCOUNTED RENT $310-$315PW (after 30% NRAS rent reduction - market rent of approx. $410pw). ANNUAL TAX FREE GOVERNMENT INCENTIVE $10,917.04 increasing by CPI. Three years old with good depreciation for investors.
*For income and specific details contact Joe.

Great tenant with single occupancy since construction. The unrivalled demand for NRAS rental opportunities in the city means you will never be without a tenant. Professional onsite management at the building also means you will have no concerns sorting out any administration or maintenance issues.
The Plaza is the epitome of inner city living – opposite Musgrave Park with literally 100’s of stylish cafes, bars and restaurants minutes from your door. Surrounded by Southbank Parkland with Brisbane’s city beach, the Brisbane Convention & Exhibition Centre, culture, arts, education and the eclectic West End precinct. South Brisbane is rapidly consolidating to be a major employment and knowledge hub. The CBD, QUT, GABBA Stadium and Mater Hospital is only a short drive or enjoyable walk away…

This apartment has a light, bright modernistic style of sophistication and elegance. It features:
• 1 generously sized bedroom with large built-in mirrored robe
• Ultra modern bathroom
• secure underground car park
• Modern kitchen with exceptional finishes and stainless steel European appliances
• Open plan living area
• Features gas stove dish washer, central ducted air conditioning
• Study nook with window view and desk
• Balcony
• Enclosed laundry nook
• Floor to ceiling windows with plenty of natural light
• Super quick NBN with Foxtel and telephone connections
• White good inclusions – fridge, washing machine

Facilities of the building:
• Fully-secure building with on-site management, CCTV, intercom and visitor parking
• Roof top swimming pool overlooking the City skyline
• Alfresco BBQ and relaxation area
• Fully equipped gymnasium
• Reading room in complex

With its executive finishes, excellent layout and superior location, living at The Plaza is like having the world at your feet.

A trusted name for many years, The Joe Macalino Team specializes in the 4006/4000 Brisbane City Postcode areas, having helped countless buyers and sellers achieve their lifestyle and investment goals. Joe looks forward to meeting you soon to cater for all your real-estate needs.

Disclaimer: RE/MAX has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Unit Features

General Features

  • Bedroom: 1
  • Bathrooms: 1
  • Garaging: 1

External Features

  • Balcony

Pool / Spa

  • Above Ground Pool

Map Location ( get directions )

L2 / 66 Manning St, South Brisbane, Queensland 4101

Agent Contact

Joe Macalino
  • Joe Macalino

  • Phone: 07 3254 9035
  • Mobile: 0419 713 216
  • Enquiry: send email