5/22 Lemnos Street

Red Hill QLD 4059

From this brilliant location you're also just a short walk to the Brisbane CBD, University, Suncorp Stadium and the beautiful parks in and around. Here you're positioned on the second level (top floor), in a quiet cul-de-sac street; you'll not only have the best views in the block, but also no sound above you!

Or, buy as a great long-term, low-maintenance investment, which is constantly in strong demand by renters.

Local students attending nearby Queensland University of Technology love this location so close to campus, and the Brisbane CBD is easily accessible via a shortcut through the spectacular Roma Street Parklands. Also, if you need to quickly access the airport, the Airport Link tunnel is just minutes away. It's certainly a sought after and accessible neighbourhood.

Features:

*Approx. 120sqm total unit area (74sqm internal floor; 9.85sqm balcony; 36sqm garage and laundry underneath)

*Renovated kitchen and bathroom

*2 bedrooms - 1 Queen size and 1 Double size - both with built-in wardrobes

*Bedroom 1 with split-system air-con and ceiling fan; Bedroom 2 with ceiling fan

*Renovated bathroom with shower over bath, updated vanity and separate toilet

*Kitchen with dishwasher drawer and electric appliances

*Dining area flows off kitchen

*Living room with split-system air-con and ceiling fan; opens to balcony

*Massive 36sqm 1-car garage with remote door, ample storage space, laundry and door to garden

*In sought-after school catchment area for Ithaca Creek State School and Kelvin Grove State College

*Positioned on level two (top floor) with expansive, lush green vistas from all windows

*Southwest-facing balcony

*One of only eight units in a peaceful and friendly complex

*Positioned in one of Red Hill's quiet cul-de-sac streets

*Natural breezes and fantastic cross-ventilation due to being positioned at the front of the complex

*This unit is being sold with no tenants, as the tenants have just vacated. So you choose: move in or rent it out!

Income:

*This property is appraised at $500 - $525 pw

Outgoings:

*Body Corporate Levies - $975.47 for the quarter (01/02/2024 to 30/04/2024)

*Body Corporate sinking fund (maintenance fund) for the building is $65,975.04 (as at 28/02/2024)

*Brisbane City Council Rates - $480.95 per quarter (01/01/2024 to 30/04/2024)

*Water and Sewerage - $324.82 per quarter (5/10/23 - 03/01/24)

Ready for your Red Hill lifestyle or investment?

Simple: Book your inspection in advance and click 'Get in Touch' to pre-register for an inspection or to let the agent know your preferred inspection time. Please let Nicole Navarro know via email or phone if you can't attend an inspection in person and instead require a live-streamed video inspection. We look forward to meeting you!