FLYNN Apts - Spring Hill - UNDER CONTRACT
Flynn Apartments is a $35-million, 15-storey architecturally dynamic residential building in the city fringe suburb of Spring Hill. This unit has a Gross rental return of $ 56,871.00 per annum ( approximate for year 2008-2009).

This beautifully presented unit is on Level 11 and it comes with a fully furnish stylized interior settings . Featuring a massive open plan living layout with lots of natural lighting. And an oversize alfresco balcony boasting panoramic views of the Spring Hill skyline and Mt. Cootha mountain range.

This modern apartment complex is located in the busy hub of Spring Hill, only 250 meters from the Brisbane CBD. Each of the 106 one and two plus bedroom apartments, offer quality finishes with generously sized balconies creating that extra living space/ entertaining area.
It also has the latest technology including broadband access for high-speed internet connection, television and telephone points in the main bedroom and living area, and advanced 24 hour security ensure that Flynn meets comtemporary communications requirements

> Notable Features:
> State of the art security system
> Secure parking
> Luxury facilities: Lap Pool / Spa / Gym /
> Large balconies
> Close to the CBD
> Viable investment

Flynn takes advantage of a truly outstanding location and offers all the convenience that living on the edge of the CBD. As an investment, Flynn offers several tax advantages, including a combination of substantial depreciation benefits, construction cost allowances and tax deductible interest payments.
Flynn includes a ground-floor retail precinct; three levels of split-level parking/residential; 15 levels of residential apartments (106 units); and a lap pool, gym and barbecue area.
The project was 60% sold prior to its public launch. Build and develop by Citimark the units were 100% sold and fully rented within four months of completion in February 2004.

>Body Corp: $827.95 p.q. (approx)
>Council Rates: $459.40 p.q. (approx)
>Gross Rental Return: $ 56,871.00 P.A. ( approximate for year 2008-2009)

Perfect for the busy executive or astute investor and priced to sell quickly. Don't miss out!