73 Kennigo Street,
Spring Hill, QLD 4000
Other
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 73 Kennigo Street
Fully rented investment property for sale
- Prime Position inner city investment
- Passive investment opportunity
- Recently renovated
73 Kennigo Street offers a specialised student
accommodation facility comprising 18 bedrooms and
7 bathrooms. The property is located on a regular site
located on the northern side of Kennigo Street within
Spring Hill, just 1km from the Brisbane Central Train
Station.
The site has good access to transport being some 500
metres west of Fortitude Valley train station. Alternatively,
the site is located approximately 450m from bus stops
on Gregory Terrace and 400m from bus stops on
Brunswick Street providing direct connection to the
Brisbane CBD and wider Brisbane area.
• Net Income $168,816
• Specialised student accommodation facility with
holding income
• Recently renovated with ongoing depreciation
benefits
• Passive investment opportunity in a low interest rate
environment
• Excellent location with connection to public
transport
• Tax depreciation for 2019/2020 $21,932. Deprecation Schedule available for tax benefits
accommodation facility comprising 18 bedrooms and
7 bathrooms. The property is located on a regular site
located on the northern side of Kennigo Street within
Spring Hill, just 1km from the Brisbane Central Train
Station.
The site has good access to transport being some 500
metres west of Fortitude Valley train station. Alternatively,
the site is located approximately 450m from bus stops
on Gregory Terrace and 400m from bus stops on
Brunswick Street providing direct connection to the
Brisbane CBD and wider Brisbane area.
• Net Income $168,816
• Specialised student accommodation facility with
holding income
• Recently renovated with ongoing depreciation
benefits
• Passive investment opportunity in a low interest rate
environment
• Excellent location with connection to public
transport
• Tax depreciation for 2019/2020 $21,932. Deprecation Schedule available for tax benefits
Explore property virtually
Video
Property ID: 503349210Last Updated: 26 Jun 2023
73 Kennigo Street
Spring Hill, QLD 4000
Savills - BrisbaneLevel 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Watkins Medical Centre Level 11, 225 Wickham Terrace,Spring Hill, QLD 4000 96 m²Offices • Medical & Consulting • Other
Contact Agent
15/220 Boundary Street,Spring Hill, QLD 4000 95 m²Offices • Medical & Consulting • Other
Contact Agent
Unit 90-92, Level 13, 149 Wickham Terrace,Spring Hill, QLD 4000 96 m²Offices • Medical & Consulting • Other