306/19 O'Keefe St, Woolloongabba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 41m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
An exceptional investment apartment with strong returns at The Chino located close in to the Brisbane CBD.
Here's an excellent opportunity to secure an inner-city investment early in the run up to the Brisbane Olympics, an investment that will offer exceptional returns and growth year on year!
The unit at 54 square meters includes a large master bedroom with built-in mirrored robes and air-conditioning and is adjacent to the main bathroom with floor-to-ceiling tiles and cleverly concealed laundry, galley style kitchen with stone bench tops & a large balcony. Onsite amenities include a restaurant cafe, heated pool and spa, gym, reception lobby and secure parking.
RENTAL YEILD ABOVE 5.3% with Onsite Management.
This apartment has been carefully designed for comfort and space in a prime position for growth.
Located only 4 km to Brisbane and walking distance to the Princess Alexandra Hospital, Buranda Shopping Centre and in close proximity to 'The Gabba' stadium, Mater Hospital and Buranda Busway and Train Stations - this apartment is a neat little earner in a growing inner-city pocket.
Main features:
? One bed unit large open plan living
? Well-designed galley style kitchen with stone benchtops.
? Spacious balcony area
? Air-conditioning, fans, mirror wardrobe
? Reduced mobility/Wheelchair friendly set up ideal for local hospital clientele
? High occupancy rates with the added owner opportunity to occasionally stay/visit your unit
? Full investor info pack with financials for past 2 years.
Aside from the unit itself, you will have exclusive access to the complex features of a rooftop BBQ area, separate dining room with BBQ and Foxtel, and a pool area.
The Chino is a perfectly positioned growth investment, only 68 units with strong occupancy under an onsite hotel style letting arrangement, ideally positioned to service the local hospital hotel & business traveler market providing for a steady income stream. The location makes for a perfect set and forget addition to your investment portfolio.
Contact us for a full investor?s information pack:
Woolloongabba, Brisbane, Queensland:
Just 3km from the Brisbane CBD, Woolloongabba is close to both the city and the Brisbane River, which are two big capital growth drivers, but another big thing going for the suburb is investing in major infrastructure projects, particularly as it will be a hub for the 2032 Olympic Games.
Investment ahead of the 2032 Olympic Games in Brisbane will change the face of Woolloongabba.
?Gabba? stadium will undergo a $1 billion redevelopment to increase its capacity and will be the main stadium for the Games, hosting the opening and closing ceremonies and athletics events.
Woolloongabba is also central to the Cross River Rail project under construction ? a new rail line in Brisbane, with a new pedestrian plaza being built to link the stadium to the new station.
Woolloongabba is going to have a lot of focus on it for the next 10 years leading up to the Olympics, While other areas or suburbs might have diminished investment in infrastructure, it will continue in Woolloongabba.
The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.
Woolloongabba has 5,403 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:
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