4/226 Moray St, New Farm QLD 4005
Type of Property: Unit
Reason for Purchase: Investment Property
Address: 4/226 Moray St, New Farm QLD 4005
The client wanted to avoid the over-inflated Sydney market and decided to gain the help of buyer’s agent Jordan Navybox from Cohen Handler’s Brisbane office. Their goal was to build a higher wealth for a larger primary residence purchase in the next five years. With the help of Jordan the client was able to inspect the property while it was ‘off market’ allowing them to get familiar with the complex which in turn gave them the ability to act quickly once the property was officially on market. The property was for sale at $425,000 and they were able to secure the property for $395,000. The clients were thrilled!
About the Property:
Moray Street, New Farm is highly regarded as a valuable and sought-after address and an exciting entry level opportunity is up for the taking! The Moray Street precinct offers a diverse array of dining options and cafes and is a short stroll to the New Farm Cinemas and the Sydney Street CityCat. CBD commuters can travel effortlessly to the CBD in just minutes.
The residents of Graces Apartments enjoy the vibrant lifestyle New Farm has to offer, living so close to the river’s edge and being a short walk to the best lifestyle options. Privately positioned at the rear of Graces Apartments, apartment 4 has loads of natural light and excellent flow through breezes. Low maintenance tiled living areas create a modern feel and 2 large built-in rooms ensure the property is suited to any living arrangement.
- Solid cavity brick complex of 10 apartments
- Spacious tiled living areas, open plan
- 2 built-in bedrooms, master is enormous
- Modern kitchen with gas cooking
- Generous bathroom with modern shower
- Undercover parking and huge separate laundry
- Long term tenant of 4 years, affordable body corporate