73 Kennigo Street Spring Hill QLD 4000

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