Spacious & Modern 2-Bedroom Apartment â No Power Outages or Flooding During Recent Cyclone

Just Listed

Apartment real estate, Albion QLD

Located in the highly sought-after Hudson on Albion Hill, this stylish and well-maintained two-bedroom apartment offers a perfect blend of convenience, lifestyle, and investment potential. Whether you're looking for a comfortable home or a high-yield investment, this property presents an outstanding opportunity in a prime location just 4.5km from Brisbane CBD.

Why This Property?
Owner-Occupier: Move in hassle-free with a well-maintained apartment in a secure, boutique complex.
Investor: Strong rental demand, with similar two-bedroom units renting between $650$700 per week.

Key Features
Two spacious bedrooms with built-in wardrobes
Fully ducted air conditioning throughout
Modern kitchen with Caesarstone benchtops & stainless steel appliances
Open-plan living with natural light and breezes
Internal laundry with ample storage space
Secure car accommodation
Boutique complex with premium facilities
No Power Outages or Flooding During the Recent Cyclone
Unlike many properties affected by recent weather events, The Hudson remained fully operational, with no power outages or flooding, ensuring peace of mind for residents and investors.

Financials & Costs
Weekly rental income: $650$700 per week
Body corporate levies: approx. $5,000 per year
Council rates: approx. $510 per quarter
Urban utilities: approx. $300 per quarter
Sinking fund balance: $850,000

Premium Facilities & Services
Quarterly pest control for common areas & annual servicing for all units
Nightly security patrols for added safety
Annual building washdown & window cleaning
Quarterly power sweeping of the basement
Bi-monthly OTIS ONETM service agreement for elevator maintenance
Annual HVAC servicing for all units
Yearly basement pit inspection
Weekly or fortnightly rubbish bin cleaning service
On-site management team for convenience & peace of mind
Prime Location for Lifestyle & Growth

Built by Hutchinson, the Hudson building underwent defect inspections in MarchApril 2023, confirming no significant issues. Additionally, the building remained unaffected by past flooding, making it a secure and stable property choice.

With parks, cafes, restaurants, public transport, and the North Brisbane Bikeway within walking distance, this apartment offers a perfect balance of convenience and lifestyle. Plus, with the new Olympic Stadium planned nearby, the area is set for strong future value appreciation.

Dont miss out on this opportunity! Contact us today to arrange an inspection.

More Information

Property Overview

Category: Apartment
Details: 2 1 1
Price: Just Listed
Area: 0m2

Property Features

Gym
Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ 28000
_{How much does the property return in rent per year.}

Net Return: $ 23000
_{How much does the property return after all management expenses are deducted.}

Yield: 4.31%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 5000

Rates PA: $ 2040

Management Fee: 8.8%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}