Property ID : 21554
For Sale $575,000 - Apartment
BROADWAY ON ANN
Lifestyle combines New York Panache
Rooftop Gymnasium, Pool, Leisure Deck. 2.5km from Brisbane CBD, within walking distance to Brisbane’s fast growing epicentre for fine dining. 350 Retailers, 30 Bars & Clubs, 85 Restaurants, 30 Art Galleries, 5 of Brisbane’s largest zones are within a 5km radius with about 220,000 positions available by 2031. Bus & Rail transport is comprehensive & easy to access. All Brisbane road networks are nearby, CBD is walkable, just 2km. Starts May 2014 & Finished Dec 2015.
Beautiful New York styling in in-demand Fortitude Valley – close to every lifestyle amenity – establishes Metro’s Broadway on Ann as a first choice apartment investment or home.
The 247 one and two bedroom apartments, along with underground parking and 821 sqm of upmarket retail, shape this 15-level luxury tower. Its modernistic design by internationally renowned architects Wood Bagot pays homage to New York’s famous Broadway theatre district and to one of Brisbane’s most famous streets. It will become a striking and welcoming entrance to Fortitude Valley from Newstead, Hamilton and the Gold Coast.
Like the theatre and playhouse district of New York’s Broadway, its location bubbles with energy and effervescence. Within walking distance is Brisbane’s fast-growing epicentre for fine dining, nightlife, outstanding boutiques, home wares, the world’s most expensive motor vehicles, everyday markets and a uniquely exotic Chinatown.
Corner of Ann Street and Commercial Road, Fortitude Valley Development Matrix: Multi-unit residential development with ground floor retail. 15 storeys No. of Apartments: 247 Residential units as follows: 160 x One bedroom apartments 34 x Two bedroom, one bathroom apartments 53 x Two bedroom, two bathroom apartments Retail/commercial area: 5 x Retail tenancies on ground floor – total of 821m2 Resident amenities: Communal Gymnasium (rooftop), Communal Pool (rooftop), Leisure Deck (rooftop).
Living at Broadway on Ann will place you in a very special area where development is occurring at an extraordinary rate in residential, commercial, wining & dining, shopping & entertainment facilities. There is energy & excitement as people savour the atmosphere of Fortitude Valley. A simple stroll can result in unexpected discoveries, including the show rooms devoted to the presentation of $500K motor vehicles, the only place in Brisbane where this is available.
Buying this property for investment?
Below is a snap-shot of the income and expenditure analysis for a property purchase of around $450,000. The investor would actually be in a cash-flow positive position (making around $40.00 per week) after Negative Gearing benefits are taken into consideration. The benefits will change based on your income, interest rates, loan term, depreciation, general property expenses and other market conditions.
Customise your calculation by using our Negative Gearing Tax Simulator – input your actual income and proposed purchase price. Please read the Disclaimer and Explanatory notes before use.
Negative Gearing Tax Simulator
- Council Rates: $1,800 to $1,900 Per Annum
- Body Corporate: $3,522 to $4,026 Per Annum
- Estimated Rentals: $435 to $615 Per Week
- Property Price Range: From $422,000 to $635,000
- Configuration : One and Two Bedrooms