44/46 Chermside Street

Teneriffe QLD 4005

Positioned in one of the best locations in Brisbane's most buoyant real estate market is this spacious 60 Sqm one bedroom apartment which offers livability for the owner occupier or strong rental yields with excellent capital growth prospects for the investor.On the first floor of Teneriffe Hill Apartments, unit 44 offers security, privacy and beautiful natural ambient light from a leafy streets-cape.The open plan design sees a modern kitchen flow onto the dining and living area, then onto a generous balcony.The bedroom, opening onto the living through folding white plantation shutters features a roomy wardrobe and a ceiling fan.A large bathroom has a bath and shower over bath. The apartment is well presented and in good condition; Nothing to do, just move in or retain a great tenant if you are looking for the ultimate investment in the entry level of the market in this premium location.Gross Yield 4.98% per yearReasonable Body Corporate Well maintained complexAt a glance- Air conditioned and ceiling fan - Built-in wardrobe- Laminated Timber floor in living area and carpet in bedroom - Generous balcony overlooks a leafy street landscape- Internal laundry- Secure building with Intercom - Allocated basement car spaceA much-loved complex, Teneriffe Hill building is minutes from some of the best restaurant in the city, transport and entertainment precinct. You are also within easy reach of the Gasworks, New Farm Park and the Teneriffe river walk.A brand-new Woolworth has just opened around the corner adding another level of value to this exciting local.Sellers are very keen to sell before Christmas and invite all offers without delay.