6/111 James Street, New Farm, QLD 4005
Type of Property: Apartment
Reason for Purchase: Investment Property
Address: 6/111 James Street, New Farm, QLD 4005
This buyer was seeking to diversify their investment portfolio outside of the Sydney property market. Using Cohen Handler’s services they looked to the Brisbane Market to help to achieve their investment and retirement goals. They purchased a property in New Farm, which was $50,000 less than the most recent comparable sale within the building. There was another sale, $13,000 more than they paid in the building, however that property was rundown.
About the Property:
Located in the heart of New Farm, this spacious two bedroom apartment offers the inner city lifestyle without the associated price tag. From the moment you step inside, you will be immediately impressed with the abundance of natural light and breezes, as well as the large open floor plan.
Apartment 6 is positioned on the second level and is well designed to maximise on the large internal space with two well sized bedrooms both with built in robes, open plan living area, central bathroom and two balconies. Freshly painted throughout, as well as a modernised kitchen and bathroom, this inner city abode is ready to move straight into, yet allows the buyer to add their own personal touches if desired.
Set in a boutique complex of just 12 apartments, this 1970’s brick building is made to last and offers the space that newer builds no longer do. The remote controlled garage is secure and offers plenty of space for storage as well as an internal laundry. With low body corporate fees, this property is the perfect first home or smart investment.
Breakfast at Harvey’s, dinner at Bucci, drinks at sixes & sevens, quality meat from Petersens’ or catch the latest movie at New Farm Cinemas. This is the affordable life that you can live.
There is no better lifestyle location, at 111 James Street that is just a short stroll away from the trendy James Street precinct, Merthyr Village, New Farm Park, Gasworks and just 1.5km from the CBD.