Last Listing description (March 2007)
TAKE NOTE PROPERTY INVESTORS - THIS COULD BE THE CASHFLOW POSITIVE INVESTMENT YOU'VE BEEN SEARCHING FOR
You're looking at a sensational city townhouse. Incredible returns for a sensational investment. It's the one you've been looking for.
After all, you want your tenants to live, work, play and thrive in the sub-tropical playground that is Brisbane - Australia's fastest growing city.
Under the right conditions, this Property (Spring hill has recorded excellent House/Townhouse value growth) can be the after tax, cashflow positive property you are looking for!!!
Whether you are a born and bred Queenslander or are a dyed in the wool investor, this brilliant Spring Hill property is the answer to your prayers. For a $650/wk return you'll need to hurry to add this one to your property portfolio.
Your 'Fortescue Terraces' three-storey townhouse boasts a corner position, facing fabulous Brisbane City. In fact, you're so close to the CBD that you can see City Hall from your apartment! The ever-evolving city skyline is yours to savour day in, night out. While you are working in your study, you might as well be another world away. You know, working from your new Spring Hill apartment means deadlines are easier than ever to meet! Then, when the work's done, do what you want to do, be what you want to be; because you're living in a true sub-tropical urban playground.
Three living, breathing levels of architectural brilliance reflect you and your personality - quite unlike anything else you've looked at in your quest for the perfect purchase.
Stainless steel and charcoal grey tones work delightfully with the light and uplifting colour scheme of the carpets and tiles. It's the kind of colour scheme that allows heavenly relaxation to blossom - while stopping hassles dead in their tracks.
Your contemporary kitchen includes high quality appliances so your meals are nothing less than sensational every time.
The only thing that might distract you from culinary perfection is that incredible 'reach-out-and-touch-it' city skyline view from your kitchen!
Spend time enjoying a few quiet drinks and insightful conversation peppered with laughter, while you are on one of your two balconies. Starting to get the idea of what it's like to own a Fortescue Terrace apartment?
NOTABLE FEATURES
DWELLING SIZE: Internal - 151.5m2, Balcony - 13.5m2, Total - 165m2
CURRENT RENT RETURNS: Townhouse 3 is currently rented at $650/wk furnished, townhouse 5 is returning $550/wk unfurnished
'Fortescue Terraces' is a three storey townhouse development in a complex of five. It boasts a corner position facing the City
The furniture in townhouse 3 (the developer paid $18 000 wholesale) is to be included in the price
Number 2 has an East/West aspect, Numbers 3 has a North/South aspect
Colour scheme is urban grey, with darker shade used on top level, liberal use of stainless steel to create contrast
Exterior is rendered block walls to ground floor with weatherboard to first level
Entry comprises full glass door into tiled area. Study (handy for those who work at home) and garage are on this level
High quality finishes throughout , internet cabling, city views and two car garage are unique features of this secure, quiet complex
Flooring includes tiled entrance, carpeted thoughout living and bedrooms, with tiles to bathrooms and kitchen
Each terrace has its own landscaped garden
The open plan living/dining/kitchen is on the first floor, with the second and third bedrooms also on this level
Flyscreens to all windows and sliding doors
Charcoal grey solar screen blinds or venetians to windows
Balconies to first floor front and rear. Front has privacy screen
Kitchen includes the latest in appliances with stone benchtops, 2 pack cupboard doors, gas stovetop with wok burner, insinkerator, and under cupboard coved lighting
The master bedroom is a self-contained suite with good storage and large ensuite on the third floor. Space is maximised with a juliette balcony to the living area, and you'll always look good with your full length mirrored robe and split system reverse cycle air conditioning system
The ensuite is fully tiled and boasts a large shower. Relax in your spa bath in the second bathroom
Stay cool in summer and warm in winter with your 5kw air conditioning unit
Laundry is located in second bathroom and includes new Simpson front loader washing maching and dryer
Secuity system includes internal entry phones to each level
Central ceiling lights and mixed downlights throughout Fortescue Terraces with halogens to both bathrooms
Double garage with remote controlled door, and remote controlled security driveway gate
LOCATION: Right in the heart of Spring Hill, yet walking distance to the CBD. Work off the sumptuous dinners you've had around the corner at the Spring Hill Baths - just a couple of blocks away. Work and live in this fabulous suburb.
P.S. Beat ot