6 th floor and close to CBD - Cash Flow Positive Property! Price REDUCED! Offers from $ 449,000 invited

This is an NRAS government approved property (investor only) * - current owner finds this property cash flow positive per week by $ 97.90 after all cost paid. (Note: Figures can vary and are depending on personal income & tax situation - please seek your own personal Financial and/or Accountants Advise to obtain figures relating to your circumstances!).

Family circumstances have changed - property price slashed to be sold for quick sale - purchased in 2015 at $525,000

Current Tenant renewed lease again for further 12 months on 1.1.2020 at $ 360.- p.w.

2 bedroom / 2 bathroom with spacious open plan living, opening to balcony entertainment area. 6th floor corner unit with great privacy. Quality finish throughout with European appliances, centralized hot water system. Security access to complex with lift. 6th floor corner apartment. Common areas with BBQ facility are part of complex.

* NRAS approved property with 4 years transferable benefit left, tenant in place - contact agent for full details on this government incentive scheme. Total return from NRAS government and rent $20.244 net after cost of property manager and body corporate. Government Information Website:

https://www.qld.gov.au/housing/housing-providers-investors/invest-in-affordable-housing