3/74 Kent Street, New Farm

This is a unit on a lot in 3/SP101391 New Farm QLD. Based on comparable properties, we estimate its value at $390,000. Constructed in 1940, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
49 m2
Building size
40 m2
Council area
Brisbane - Brisbane
Year built
1940
Lot plan
3/SP101391 New Farm QLD
House type
Unit



HISTORY

Last sold 22/02/2017
$405,000



LISTING DESCRIPTION
as of June 2017

Move straight in or invest! Phone enquiry ID: 22251Move straight in or invest!Those seeking unsurpassable value in one of Brisbane's most highly coveted locations should look no further than this prime real estate opportunity.The property has been run as a successful Airbnb business for the last three years turning over on average $30,000 pa.Located in the handy location of Kent St, just behind the IGA, in a boutique complex of only 8 with low body corporate fees, this sizable apartment offers an open and flexible layout encompassing a newly renovated kitchen and living and dining areas. The living area is spacious and opens up to the sunroom which would make the perfect office space or additional wardrobe area, even a second bedroom for the creative suitor! A newly appointed deck in the courtyard offers a spacious entertaining area for the socialite in you.The bedroom serviced by the nearby bathroom, is a light-filled private space with air conditioning. Secure gated entry and a single car port complete this tidy New Farm offering.Pet friendly and located in one of Brisbane's most highly sought-after suburbs, this apartment is a brilliant lifestyle choice. Stroll to trendy James Street to sample the many first class shops, restaurants and entertainment. Alternatively, the CBD with its more extensive options is a mere 10 minutes away. New Farm Park, the popular Riverwalks and public transport are all also at your doorstep making this a must to inspect for those seeking the best in convenient inner city living.Council Rates: $1,200 Per YearWater Rates: $1,025 Per YearStrata Fees: $2,858 Per YearEstimated Rental Return: $22,000 Per YearRental Yield: 5.2%