Very spacious apartments in Cannon Hill Brisbane!
BRISBANE, City & North, 4000, QLD, Australia
With a ten year average of 7.2% per annum capital growth and rental yields of 5.5%+ , Cannon Hill should be on all property investors wishing to enter the Brisbane market.
Cannon Hill is a suburb of Brisbane and is located approximately five kilometres from Brisbane’s CBD. Suburbs surrounding Cannon Hill include; Morningside, Murarrie, Balmoral, Bulimba, Hawthorne and Carindale.
Residents will have the luxury of being surrounded by a number of different retail, entertainment and eatery centres without having to travel into the inner city.
Close proximity to East Village: East Village is a masterplanned development due to be completed by 2016. The development will be similar to the popular Emporium Village in Fortitude Valley. It has been said that East Village will turn Cannon Hill into a very chic and fashionable suburb. The village will contain retail, cafés, restaurants and entertainment facilities including a cinema.
The project to be constructed consists of the following:
· 4 x one bedroom, one bathroom apartments ranging in size from 53m2 to 54m2 internally and 10m2 to 22m2 externally. Each apartment also has one carspace allocated. Priced from $329,900. Rents $350.00 to $360.00 per week
· 23 x two bedroom, two bathroom apartments ranging in size from 72m2 to 79m2 and 10m2 to 38m2 externally. Each apartment also has one carspace allocated. Priced from $429,900. Rents $460.00 to $480 per week.
· 1 x three bedroom, two bathroom apartment with an internal size of 91m2 and an external size of 17m2. This apartment also has one carspace allocated. (Developer keeping this unit)
· Retail space of approximately 85m2 on the ground floor. (On hold)
· Low body corp averaging just $47.00 per week
All of the apartments offer open plan living areas with porcelain tiled flooring, including the balcony/patio areas. The kitchens will be fitted with high quality stainless steel appliances and 20mm stone bench tops. Element will be finished to a high standard using only quality fixtures and fittings, personally selected by the developers.
All apartments will include ceilings fans to bedrooms, air-conditioning in the living area and secure under cover parking and intercom. The two and three bedroom apartments will also feature an en-suite and walk-in-robe to the main bedroom. Residents will also have the luxury of a lift and garbage chute that is accessible to all levels.
Construction is underway with anticipated completion early 2016. Contact us now for a detailed investment pack.
- Property Type: Residential
- Beds: 1
- Baths: 1
- Parking Spaces: 1
- Property ID: 3072
- Original ID: 2429147
- Price: From AUD$329,900
- Floors: 1
- Air Conditioning
- Close to Shops
- Modern Bathroom
- Modern Kitchen
- Quiet Location