39/72 Macquarie Street

St Lucia QLD 4067

Recently repainted and with new carpet throughout, the home has been well-maintained but there is scope to modernise as well as open up living spaces to create a more contemporary, open-plan layout. The home not only provides ample internal cupboard space but its exceptional three-car garage is decked out with shelving and offers more storage space than most could need.

Henley is a highly-regarded residence; tightly-held and possessing a wonderful sense of community with regular social events and even a communal library. The complex boasts an expansive riverside lawn, connecting to the inground pool and spa area, as well as their covered entertaining deck right on the water's edge, complete with BBQ, bar fridge and enough tables and chairs for a substantial party.

Being sold as part of an Estate settlement, this is a rare and tantalising opportunity to secure an exceptional residence in a premier address.

Key financials:

Body Corp Admin: $17,532.50 per annum
Body Corp Sinking Fund : $8824.82 per annum
Council Rates: $2,939.40 per annum
Administrative Fund: $205,725.73 as at 11/08/2023
Sinking Fund Balance:: $494,928.27 as at 11/08/2023

**FLOOD-PROOFING**
In 2011, all three basement levels were flooded. In response, the body corporate installed a barricade wall outside the Managers' office facing the riverside lawn as well as a back-up generator (which automatically turns on in the event of a blackout).
In 2022, the flood barrier did its job, however the lower basement flooded to a height of roughly 1m due to water entering from the Macquarie Street side via the entry and exit ramps to the basements. The back-up generator enabled them to keep the power on with full lift operation.
After the 2022 flood, the body corporate acquired floor barriers to be installed at the entry and exit ramps to Macquarie Street. The also have 3 pumps installed in the basement to pump water out.