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Apartment - Flat in Brisbane - Propertyshowrooms.com - Ref 531735

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Apartment/Flat Description

One bedroom plus carpark from $385.000 centrally located right in the heart of Fortitude Valley.

This would be an ideal Investment for students wishing to live close to the universities and transport.

Centrally positioned and within walking distance to CBD, trendy James St and China town.

LOCATION
To create an innovative development, one of the keys is finding the perfect location. The site for The Miro is precisely that. Located in Fortitude Valley, the cultural heart of Brisbane, teeming with vibrant restaurants, hot nightspots and chic clothing outlets will make The Miro one of the most sought after addresses in Brisbane.

FORTITUDE VALLEY
Linking the city to the suburbs, Fortitude Valley in the fringe precinct of Brisbane has undergone significant transformation in recent years and has emerged, in the eyes of many, as Brisbane's trendiest, most happening place to live.

Council's Urban Renewal initiative and a strong demand for living, working and playing in the same urban environment have contributed to the newly found lifestyle appeal and real estate success of The Valley.

It is no surprise that the suburb is attracting such a wide range of people including young urban professionals and those who are young at heart, as the character, culture and vibrancy of the area is currently replicated no where else is Brisbane.

Fortitude Valley is producing one of the highest unit rental yields in Brisbane 6.1% as at July.

Residential rents are rising at their fastest pace in 20 years, with rents expected to rise by 6 to 12 per cent a year over the next three years depending on the capital city.

Furthermore, there is a potential for strong capital gain averaging 7.6% p.a. over five years^. This is therefore the time to invest in a quality development like Meridien's The Miro.

PRICE OF UNITS

Unit
111 $410,000
113 $410,000
119 $385,000
211 $415,000
214 $415,000
217 $415,000
218 $415,000

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Approximate price of this 1-Bed Unknown
AU$385,000 AUD | 
€298,218 EUR | 
£241,169 GBP | 
US$380,765 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 531735 
Town Brisbane 
Province Queensland 
Country Australia  
Type Apartment/Flat
Bathrooms
Bedrooms
Build Size 105 
Category Re-Sale  
Listed over 1 year ago
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Property Characteristics

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Purchase this Apartment/Flat in Brisbane for

AU$813p/m

(75% LTV, 9% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Brisbane, Australia

Property Type Min Price Max Price Median Price
(All prices in EUR) Brisbane Australia Brisbane Australia Brisbane Australia
Apartment/Flat 164,000 164,000 164,000 735,000 195,000 396,822
New Home 399 399 399 1,040,000 - -
Townhouse 385,000 360,000 385,000 550,000 - 349,500
House/Villa 469,500 320,000 675,000 2,350,000 - 377,150

* Calculations based on 6 properties for sale in Brisbane and 52 properties for sale in Australia





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