Lot 701 - 50 Carl Street - Woolloongabba
Woolloongabba,, Brisbane, QLD, 4102$ 1,299,000
Overview
Property ID: LA-7608
- Cashflow Positive
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 0
- Cars
- N/A
Details
Updated on Oct 18, 2024 at 01:02 pm
Property Type: | Cashflow Positive |
---|---|
Price: | $ 1,299,000 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 1,350 |
Gross Per Annum: | $ 48,100 |
Gross Yield: | 5.40% |
Capital Growth 12 Months: | 11.57% |
Capital Growth 10 Year Annualised: | 7.58% |
Vacancy Rate: | 1.84% |
Property Size: | N/A |
Land Area: | N/A |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | N/A |
Title Status: | N/A |
Property ID: | 7608 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Positioned in the heart of thriving Woolloongabba, 50 Carl delivers exclusive2,3 and 4-bedroom apartments with uninterrupted views of a luscious park. Only 3km from Brisbane CBD, The building offers an accessible lifestyle with local amenities at your doorstep - including local cafes, restaurants, shopping centres and seamless connectivity to the SE Freeway and city bikeways. 50 Carl Street is also within the Woolloongabba Masterplan and walking distance from the Cross River Rail & Woolloongabba Stadium.
50 Carl is adjacent to the proposed Buranda Village Masterplan, for which a development application hasbeen lodged with works commencing 2025. An exciting new redevelopment in the heart of the Gabba, steps away from 50 Carl Street. The approved plans included more than 620 apartments and three commercial buildings, amounting to about 50,000square metres for health services and office space.
Construction of new pedestrian bridges and walkways, facilitating easier access to near by amenities and attractions. The Kangaroo Point Green Bridge represents a pivotal connection between Kangaroo Point and the CBD, facilitating seamless pedestrian and cycling access between these areas as well as the eastern suburbs. Beyond its functional purpose as a bridge, this project aims to redefine the landscape as a destination in its own right for both locals and tourists. Envisioned with a focus on enhancing the riverside experience, the bridge's final design will showcase several distinctive dining establishments along its span.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.