66/95 Charlotte StreetBrisbane City QLD 4000
Property Details for 66/95 Charlotte St, Brisbane City
66/95 Charlotte St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 107m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Investors Attention!!!
This positive cash flow dual key apartments offers the flexibility of being rented out separately. It is conveniently located in the Sebel building at the intersection of Albert and Charlotte streets, allowing you right across from the newly-built Cross River Rail station. It's a short stroll away from the QUT campus, Queen Street Plaza, and the newly developed Queens Wharf Precinct.
Below are some fees for this property:
Council+water rate for both units (1606&1607): Approx. $4,300/yr (including water bill)
Body Corp for both units (1606&1607): Approx. $10,500/yr
Landlord insurance for both units 1606&1607: Approx. $750/yr
Management Fee: Approx. $3700/yr
Total Cost: Approx.$19,250/yr
Total Income: Approx.$48,880/yr ( Potential: $56,160/yr)
Net Income: Approx. $29,630/yr ( Potential: $36,910/yr)
Property Features:
Overall: 1 bedder + 1 bath + 1 secured car park & 1 studio with kitchenette + 1 bath are rented separately( total current gross rent: $940/w, potential renewal rents: $1080/wk)
Fully Furnished
Dual key high yield investment with flexibility
Long term secured leases
Positive cash flow, over 8.4% ( potential 9.7% after renew ) gross rental yield
Room 1606 on level 16
- 1 studio +1 bath+1 kitchenette
- Recently refurbished
- Fully furnished
- Currently renting for $380/wk till 13/10/23 and future renew rental: $430/wk based on the rental manager apprasial.
Room 1607 on level 16
- 1 bedder+1 bath
- Recently refurbished
- Fully furnished
- Currently renting for $460/wk till 18/08/23 and future renew rental: $550/wk based on the rental manager apprasial.
Car park:
- Currently renting for $100/wk till 10/07/23.
Building Facilities:
- Reception
- Outdoor heated swimming pool
- Well equipped gymnasium
- Sauna
- Restaurant in the Lobby
This is a rare opportunity for investors, as apartments in Brisbane CBD are in high demand and selling quickly. If you are interested, please contact Yoyo at 0401 942 680 to schedule an inspection.
Property History for 66/95 Charlotte St, Brisbane City, QLD 4000
- 17 Apr 2023Sold for $583,000
- 28 Mar 2023Listed for Sale Sold within 3 weeks
- 19 May 2015Listed for Rent $90 / week
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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 12,273 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:
- The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
- Houses have a median rent of $710 while Units have a median rent of $749.
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