Apartment in New Farm, QLD 4005

Type of Property: Apartment

Reason for Purchase: Investment Property

Address: New Farm, QLD 4005

Property Journey:

Purchased for a client seeking to invest in a property in a Blue chip suburb within QLD. Cohen Handler secured an off-market property due to CH’s buyer’s agent relationship with the real estate agent. The property will bring the client a yield of 5.4% with the owner paying the same amount the vendor purchased the property for 3 years ago.

The property was leased within 5 days and had scope to renovate and add value, all of which the client was looking for within an investment property.

About the Property:

Character Queenslander Apartment in the Heart of New Farm. 

The ideal New Farm apartment ideology conjures up ideas of eclectic charm, traditional elegance and tranquil cosmopolitan living and in this Moray Street apartment you are surrounded by all of this and so much more.
Perfect for our client, the astute investor, as the apartment is ready to go, with strong rental returns.

Located in a quiet, tree-lined street, walking distance to the City Cat, river, restaurants, corner store, Merthyr Village and New Farm Park. Brimming with traditional Queenslander street appeal in a desirable leafy riverside enclave, this apartment is perfect for a vibrant urban lifestyle. It offers casual living and a courtyard all within footsteps to cafes. Located right in the heart of NEw Park you are spoilt for choice with the best entertainment, recreational and dining experiences right on your doorstep. Make no mistake this 2 bed, 1 bath unit represents phenomenal value in the heart of New Farm.

Rarely will you find an apartment with so many unique and pleasing features; apart from its private position and delightful layout which is both practical and friendly, also walking distance to Brisbane CBD and all means of transport.

Other features included;
  • Generous 68sqm Floor Plan with courtyard
  • Well equipped gallery style kitchen flows to alfresco dining
  • Polished timber floors in the open plan dining/living space
  • Quaint French doors
  • Generous second bedroom
  • Intercom, single car parking