Fully Furnished Investors Dream!

608/27 Russell Street, South Brisbane QLD 4101 AUS

Property Details

Sold $380,000


This ultra-convenient apartment presents an outstanding buying opportunity for an investor. Set in the award-winning Vine Apartments, this fully furnished one bedroom apartment enjoys amazing views across Brisbane CBD.

Vine Apartments offers long term and short term letting options. This rental flexibility ensures high return rates for owners with the gross return rate for the last financial year appox 9.8%.

The short term letting is extremely successful due to the proximity to QPAC and the RNA for corporate clients.

Each self-contained, air conditioned apartment offers a private balcony, chef’s kitchen with European appliances, clothes dryer and washing machine. These comprehensive appointments ensure this property also remain attractive to longer term tenants.

Located overlooking Musgrave Park, Vine Apartments are positioned just a short distance to the Brisbane Convention and Exhibition Centre and South Bank. This central location also offers convenient proximity to Queenslander Performing Arts Centre, State Library, QLD Museum and the Brisbane River with CityCat and City Hopper services. Visiting the CBD, Treasury Casino and Queen Street Mall is easy with a leisurely stroll across the Victoria Bridge.

Vine consists of 56 x fully air-conditioned boutique one and two-bedroom luxury apartments. The resident facilities include a rooftop hot tub, and there is a restaurant on-site.

Property Features
  • Apartment
  • 1 bed
  • 1 bath
  • 1 Parking Spaces
  • Floor Area is 61 m²
  • Garage

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