510/6 Exford StreetBrisbane City QLD 4000
Property Details for 510/6 Exford St, Brisbane City
510/6 Exford St, Brisbane City is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 87m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Brisbane City in the last 12 months.
Last Listing description (August 2014)
INVESTMENT GOLD DUAL KEY UNIT (7%+ Gross Returns!)
Looking for a solid investment with excellent rental returns?? Here it is! This quality dual-key unit positioned up on the 5th floor of Parc Apartments is currently providing the owners with exceptional rental returns of $740p/w !!
Built approximately 7yrs ago Parc Apartments is a 9 story residential building enjoying a riverfront location within very close proximity to Brisbane City and Southbank.
High rental demand for 1 bedroom and studio units will give investors peace of mind knowing they can expect low vacancy rates here whilst enjoys the high returns. The dual key lay-out also provides the perfect option to live in one unit while you rent the other one out to help pay off the mortgage!
KEY FEATURES
- Two Units - Studio Apartment PLUS 1 bed, 1 bath, 1 car
- Both Units Fully furnished
- Level 5 - 87m2 floor plan in total inc balcony
- Excellent rental return
- Large SE facing balcony
- Great open floor plan for comfortable living
- Views of Brisbane's skyscrapers & the river
- Swimming pool and huge gymnasium
- Secure access and on-site managers keep your investment safe and sound
- Public transport is easy from here Walk to Train, Bus or Ferry
- Moments to the CBD
- The Barracks shopping complex only minutes away
- Pubs, restaurants, nightlife all within minutes
INCOME & OUTGOINGS
- Body Corporate Fees - $5,140p/a
- Council Rates - $1,144p/a
- Urban Utilities - $1200 p/a
- Rent returns - $38,480 p/a
- Onsite Management Fee 8.8%
With strong population growth tipped for Brisbane, enormous rental returns, a very realistic seller and a trend that demonstrates a high demand for smaller dwellings closer to the city, this could be your ideal opportunity! Call today to arrange a private inspection.
Property History for 510/6 Exford St, Brisbane City, QLD 4000
- 07 Feb 2024Sold for $595,000
- 22 Sep 2015Sold for $511,000
- 15 Aug 2015Listed for Sale Not Disclosed
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0About Brisbane City 4000
The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.
Brisbane City has 12,417 properties. Over the last 5 years, Houses in Brisbane City have seen a -17.85% decrease in median value, while Units have seen a 38.06% increase. As at 31 July 2024:
- The median value for Houses in Brisbane City is $535,402 while the median value for Units is $704,551.
- Houses have a median rent of $775 while Units have a median rent of $720.
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