Beautifully crafted 3 bedroom apartments that mix luxury with urban style, set in comfortable, leafy surroundings.
RARE PARKSIDE POSITION in a great location WITH QUICK access TO ALL amenities, THIS BOUTIQUE DEVELOPMENT OF JUST NINE THREE BEDROOM APARTMENTS, COMPLETE WITH TWO BATHROOMS & TWO CAR PARKING PLUS STUDY NOOK IS WELL POSITIONED IN THE HEART OF CANNON HILL. Cannon Hill is considered one of the best suburbs in Brisbane for its real estate and lifestyle potential, with the property market having moved exponentially in recent years.
Opportunity
These apartments are expected to rent for between $900 & $1100 per week, much higher than the Cannon Hill average for three bedroom apartments, meaning investors can expect a good return, especially when considering that most of the apartments are priced around the average mark for the neighbourhood.
Locality
The area has good schools, a train line, and the gentrification of shopping centres and older homes.
Cannon Hill is one of the ‘main’ eastern suburbs in Brisbane, with a well-known shopping centre and plenty of roads and public transport options bringing residents into the CBD in no time at all and also close to the suburbs of Morningside and Bulimba.
Locally there are more than a few restaurants, shops and cafes and one kilometre down the road residents will find the Cannon Hill Kmart Plaza and one kilometre in the opposite direction is the Morningside Central Shopping Centre.
Size range 3 bed + Study nook, 2 bath, 2 car garage
Internal sqm 104-114 m2
External sqm 19-20 m2 blacony
Price Range $1,199,900 - $1,449,900
Rental Estimates $900 - $1,100 pw
Gross Yield 3.6 – 4.24%
Outgoings Body Corporate Estimate: $4,000 p/a
Completion Late 2025
