73 Kennigo Street,
Spring Hill, QLD 4000
Other
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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
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Spring Hill, 4000 demographic data
The median household income for Spring Hill is $1,889, 2% higher than Greater Brisbane's household income of $1,849. Spring Hill has a younger age profile compared to the rest of Greater Brisbane (median age 32 vs 36). Property ownership data shows 57% of property owners in Spring Hill have a mortgage.
6,593
Population
$1,889 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
73 Kennigo Street
Spring Hill, QLD 4000
Savills - BrisbaneLevel 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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