4/10 Belgrave Street

Petrie Terrace QLD 4000

You just cannot get closer than this to the very centre of Brisbane City CBD - adjoins the Central Business District to the west! Walk to everything - leave the car behind! Location is Belgrave Street, with direct frontage to Musgrave Road (a 6 land sub arterial feeder road). Access is either directly from Belgrave St or from Regent Land at the rear. This area is comprised of mostly small allotments with character housing, including some of Brisbane's last remaining terrace homes. This area is also within a very short walk of the famous and very popular Caxton Street entertaining, restaurant strip. Very close to Roma Parklands, The Barrocks, Suncorp Stadium plus all other inner city conveniences and amenities. Varying quality residential homes surround this property. Local Authority is Brisbane City Council Land use: approved Medium Density residential housing Services: electricity, gas, sewer, town water and telephone Tudor style - constructed in the the 1930's as a large residential home and later strata titled into 5 apartments. Renovation was done in the early 1990's. This is part of a 5 unit complex consisting of 3 x 2 bed units plus 2 x 1 bed units. Body Corp: entitlement 15 out of a total of 100 entitlement. Fee $598.59 per quarter. Admin fund is $295.65 and Sinking Fund is $302.94. The building has been recently painted and still has a healthy balance in the sinking fund. Further information is available to interested purchasers. Construction type: rendered brick external walls with terracotta tile roof, timber windows Property For Sale: Unit 4: 1 bedroom, 1 bathroom, kitchen with laundry facilities, and living room. Car parking for 2 vehicles in open space area. Mixed age PC items of average quality in very good condition Mixture of carpet tiles and laminated flooring Market demand: Since early in 2015 there has been very high demand for inner city apartments of this price range. New apartments in similar convenient locations are being sold for around the $400,000 range for 1 bedders. Rental Estimate: $340 per week Registered valuation has been prepared for all units in this complex and is available only to very confirmed buyers. Asking price has been based on the valuation for unit 4 in this document. FOR SALE: $300,000 Leased @$320-00 PW for 12 months