Hi all,
I'm looking at an OTP boutique development in Toowong with very low number of apartments in the block. The location is extremely convenient being walking distance to almost everything. The apartments are of decent size (min 100m2 including balc) and some have river view (the ones I'm interested in). Finishes seem to be of high quality with timber flooring in lounge and stone kitchen etc. Body corp rates are reasonable due to lack of facilities. Pricing is not cheap, however, going well over $550k for 2Bed 2Bath 1Car. Pricing per square meter is approximately $5500+
From the information provided above, does this sound too expensive or does it still have some potential?
Thanks for your attention and any input/suggestion is much appreciated
Cheers!
I'm looking at an OTP boutique development in Toowong with very low number of apartments in the block. The location is extremely convenient being walking distance to almost everything. The apartments are of decent size (min 100m2 including balc) and some have river view (the ones I'm interested in). Finishes seem to be of high quality with timber flooring in lounge and stone kitchen etc. Body corp rates are reasonable due to lack of facilities. Pricing is not cheap, however, going well over $550k for 2Bed 2Bath 1Car. Pricing per square meter is approximately $5500+
From the information provided above, does this sound too expensive or does it still have some potential?
Thanks for your attention and any input/suggestion is much appreciated
Cheers!