Two Bedroom & Two Bathroom Apartment - Flat - Brisbane | Australia - Ref 585912
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Apartment/Flat Description
Franklin Residences is set in leafy Annerley just 5kms from Brisbane CBD. The project includes 12 tri-level townhouses, 6 stunning apartments and 3 newly renovated character homes. The pre-construction price points are extremely competitive allowing strong potential for capital growth with completion not until mid 2010. The 2-bedroom apartments start in price from a low $399,000 AUD. The townhouses all have 2 bathrooms and start in price from a low $449,000 AUD.
Exclusive Member Benefits!!!
Australian Property Solutions has negotiated a 6 month rental guarantee at 5% for our clients.
You can secure a townhouse or apartment now with only a 10% cash deposit with no more to pay until mid 2010.
The Franklin Residences will boast high end fittings & fixtures such as open rise timber stair-cases, timber flooring and granite bench-tops. The townhouses are tri-level and feature their own independent lock-up garages with internal access, plus large courtyards and balconies. All apartments will have a car-space, storage area, and either a balcony or a large courtyard for outdoor entertaining.
Located on a quiet residential street, Franklin Residences are walking distance to shops, cafes and public transport and are within a few minutes of the River Precinct, Princess Alexandra Hospital, the University of Queensland and Brisbane CBD.
Strong Capital Growth and Strong Rental Demand!
The suburb of Annerley was one of the top 10 capital growth suburbs in Brisbane in 2008, with apartments & townhouses having an annual growth of 13.16% (RP Data). Annerley has averaged approximately 11.7% annual capital growth over the past 10 years. However, it is still one of Brisbane's most affordable inner-ring suburbs and is tipped as a 2009 hot-spot for capital growth according to First National's 2009 Report.
Annerley is particularly attractive to medical professionals, as it is located near the Princess Alexandra hospital, one of Brisbane's main hospitals. It has a strong rental market due to it's proximity to the city, transport and the hospital, therefore there is a constant demand for high-quality rental property from top-quality tenants. Inner-Brisbane vacancy rates are at a record low of 1.3%, indicating a severe undersupply of rental accommodation. Thus, rents are also on the rise.
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€233,170 | £195,000 | US$307,528 (Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
2 |
| Bedrooms |
2 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Property Characteristics
- Parking: 1-2 parking spaces per dwelling
Map of Brisbane, Queensland, Australia
Towns located close to Brisbane, Australia
| • No other towns listed as being close to this town |
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Price: £195,000
Latest Property News in Australia
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Price of Property in Brisbane, Australia
| (All prices in EUR) |
Brisbane |
Brisbane |
Brisbane |
| Apartment/Flat |
164,000 |
164,000 |
164,000 |
850,000 |
195,000 |
396,822 |
| House/Villa |
469,500 |
110,000 |
469,500 |
2,350,000 |
- |
377,150 |
| New Home |
399 |
399 |
399 |
1,040,000 |
- |
- |
* Calculations based on 3 properties for sale in Brisbane and 47 properties for sale in Australia |
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