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Property Report Property Report Property Type: Apartments 1-2 Bed, 1-2 Bath, 1 Car space Price: $410,000 - $655,000 Rent Return: 3.5% - 5% Construction date: 2020 2.5km to Brisbane CBD M Apartments | 699 Main Street, Kangaroo Point [Brisbane] QLD PROJECT Moments away from Brisbane's iconic River and Kangaroo Point Cliffs, you will find M Apartments. Walking distance to Southbank precinct, Brisbane CBD, Fortitude Valley nightlife, the Gabba, with extensive public transport and planned infrastructure. This project’s central location offers the best of Brisbane at your doorstep. The project consists of 46 beautifully appointed residential dwellings, with 3 commercial properties located on the ground floor. The project has two levels of underground basement parking, ground floor offering commercial properties, seven levels of residential properties, completed with a communal rooftop terrace and BBQ area, embracing the prime location and expansive views. Majority of units themselves will either have a city view or views down towards Moreton Bay (North East aspect towards bay). Body corporate approx. $4,000 per annum *There is currently the opportunity to purchase an additional car space for $25,000 Page | 1 DISCLAIMER Whilst every care has been taken to produce this property profile, all images and contents are intended as a guide only. The contract will contain the relevant detailed information. LOCATION Kangaroo Point is booming and demand is rising, in this ultra-convenient and connected neighbourhood only 1.5km across the river from the CBD. Capturing the buzz of inner-city living and echoing Kangaroo Point’s revitalized contemporary edge, M Apartments will be the sought-after home for up and coming professionals, students at the nearby tertiary campuses, astute downsizers and investors with a keen eye for capital gains. Positioned directly across the river from the CBD, Kangaroo Point is easily reached and highly desirable. It’s set to benefit substantially from the Queensland Government’s highest priority infrastructure project: Cross River Rail, the new 10.2km rail link with 5.9km of tunnel under the Brisbane River and CBD. Currently under construction, Cross River Rail is designed to ease road congestion and increase accessibility to the Brisbane CBD. It includes four new underground stations and two upgraded stations. The new Woolloongabba station, just 500m from M Apartments, will link directly with the new Albert Street station – offering rail services to the southern end of the CBD for the first time, connecting people with key areas of employment, study and recreation. It’s estimated that by 2036, 18,000 people* will use the new Woolloongabba station’s high frequency services each week day. Excellent transport services, including road, bus, CityCat, ferry and the Clem7 cross-river tunnel, are already a key part of Kangaroo Point’s appeal. LOCAL FACILITIES TRANSPORT RETAIL - Maritime Museum Ferry Terminal – 900m - Coles Woolloongabba – 750m - Main St Bus Stop – 70m - Queen Street Mall – 3.1km - Woolloongabba Bus Station – 650m - Coorparoo Square Shopping Centre – 3.3km - Future Cross River Rail station – 600m - Westfield Carindale – 8.4km - Pacific Motorway (M3) – 1.6km - Brisbane Airport – 15.7km HEALTH - St Vincent’s Privat Hospital – 800m EDUCATION - Queensland Children’s Hospital – 1.3km - Somerville House – 1.5km - Princess Alexandra Hospital – 2.9km - St Laurence’s College – 1.9km - Royal Brisbane and Women’s Hospital – 4.4km - Brisbane State High School – 2km - Anglican Church Grammar School – 2.6km RECREATION - Queensland University of Technology – 2km - The Gabba – 550m - University of Queensland – 4.3km - Riverstage – 1.8km - Southbank Precinct – 3.5km DINING - Fortitude Valley Nightlife Precinct – 3km - Assorted historic and iconic restaurants, café’s and bars throughout KP and surrounding suburbs of Southbank, West End, Woolloongabba, Fortitude Valley, Brisbane City Page | 2 DISCLAIMER Whilst every care has been taken to produce this property profile, all images and contents are intended as a guide only. The contract will contain the relevant detailed information. Lot Price Rent Return Characteristics 101 $410,000 $370 - $400 4.6% - 5% Located on level 1 with a South facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type A1 - Internal area - 56m2 - External area - 11m2 - Total - 67m2 102 $585,000 $450 - $520 4% - 4.6% Located on level 1 with a South-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B1 - Internal area - 78m2 - External area - 16m2 - Total – 94m2 103 $595,000 $450 - $520 3.9% - 4.5% Located on level 1 with a North-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B2 - Internal area - 78m2 - External area - 16m2 - Total – 94m2 104 $415,000 $370 - $400 4.6% - 5% Located on level 1 with a North facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type C1 - Internal area - 53m2 - External area - 11m2 - Total - 64m2 105 $597,500 $450 - $520 3.9% - 4.5% Located on level 1 with a North-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type D1 - Internal area - 78m2 - External area - 23m2 - Total – 101m2 107 $459,500 $370 - $400 4.1% - 4.5% Located on level 1 with an East facing aspect, this 1 bed + MPR, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type E2 - Internal area - 62m2 - External area - 9m2 - Total - 71m2 108 $590,000 $450 - $520 3.9% - 4.5% Located on level 1 with a South-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type D2 - Internal area - 78m2 - External area - 23m2 - Total – 101m2 Page | 3 DISCLAIMER Whilst every care has been taken to produce this property profile, all images and contents are intended as a guide only. The contract will contain the relevant detailed information. Lot Price Rent Return Characteristics 201 $415,000 $370 - $400 4.6% - 5% Located on level 2 with a South facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type A1 - Internal area - 56m2 - External area - 11m2 - Total - 67m2 202 $590,000 $450 - $520 3.9% - 4.5% Located on level 2 with a South-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B1 - Internal area - 78m2 - External area - 16m2 - Total – 94m2 203 $602,500 $450 - $520 3.8% - 4.4% Located on level 2 with a North-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B2 - Internal area - 78m2 - External area - 16m2 - Total – 94m2 204 $425,000 $370 - $400 4.5% - 4.8% Located on level 2 with a North facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type C1 - Internal area - 53m2 - External area - 11m2 - Total - 64m2 205 $597,000 $450 - $520 3.9% - 4.5% Located on level 2 with a North-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type D3 - Internal area - 78m2 - External area - 12m2 - Total – 90m2 208 $590,000 $450 - $520 3.9% - 4.5% Located on level 2 with a South-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type D4 - Internal area - 78m2 - External area - 12m2 - Total – 90m2 301 $422,500 $370 - $400 4.5% - 4.9% Located on level 2 with a South facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type A2 - Internal area - 56m2 - External area - 11m2 - Total - 67m2 Page | 4 DISCLAIMER Whilst every care has been taken to produce this property profile, all images and contents are intended as a guide only. The contract will contain the relevant detailed information. Lot Price Rent Return Characteristics 302 $595,000 $450 - $520 3.9% - 4.5% Located on level 3 with a South-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B3 - Internal area - 78m2 - External area - 13m2 - Total – 91m2 303 $615,000 $450 - $520 3.8% - 4.3% Located on level 3 with a North-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B4 - Internal area - 78m2 - External area - 16m2 - Total – 91m2 304 $435,000 $370 - $400 4.4% - 4.7% Located on level 3 with a North facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type C2 - Internal area - 53m2 - External area - 11m2 - Total - 64m2 305 $629,500 $450 - $520 3.7% - 4.2% Located on level 3 with a North-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B5 - Internal area - 78m2 - External area - 92m2 - Total – 171m2 306 $619,500 $450 - $520 3.7% - 4.3% Located on level 3 with a South-East facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type D4 - Internal area - 78m2 - External area - 92m2 - Total – 170m2 401 $430,000 $370 - $400 4.4% - 4.8% Located on level 4 with a South facing aspect, this 1 bed, 1 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type A2 - Internal area - 56m2 - External area - 11m2 - Total - 67m2 402 $605,000 $450 - $520 3.8% - 4.4% Located on level 4 with a South-West facing aspect, this 2 bed, 2 bath, 1 car apartment boasts luxurious finishes. Floor plan: Type B3 - Internal area - 78m2 - External area - 13m2 - Total – 91m2 Page | 5 DISCLAIMER Whilst every care has been taken to produce this property profile, all images and contents are intended as a guide only.
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