Cannon Hill is quickly taking shape, with the third stage of the development now complete.
With only two remaining apartments to choose from before the tower is sold out, buyers are being urged to act quickly.
Colliers International associate director of residential Rachel Hutson, who is marketing the project, said there was a one-bedroom apartment available at $345,000, and a two-bedder at $440,000, both include a secure car park.
“These apartments are ready to move in and represent great value considering they are located within a 6km inner ring of the Brisbane CBD. Buyers so far have been a mix of first home buyers and young professionals as well as local investors looking to rent to the same demographic,” Ms Hutson said.
Recent buyer Carla Lazzaro was in the market for more than a year looking to buy her first home.
She settled for Lime Living as the layout fitted her requirements perfectly.
“As soon as I saw my unit, it felt like home straight away,” Ms Lazzaro said.
“The location of Lime Living is central for me to get around to work and see my family and friends.
The fourth and final tower at Lime Living Cannon Hill will be available for sale off-the-plan this month. The tower will consist of 25 apartments featuring one and two bedrooms, as well as one bespoke-designed four-bedroom apartment. Expected completion of the final stage is early 2020.
According to realestate.com.au, units in Cannon Hill are currently achieving a rental price of $400 per week with a rental yield of 4.7 per cent.
Ms Hutson said the two-bedroom apartments within Lime Living were achieving rents of around $430 to $470 per week.
The apartments feature Caesarstone benchtops, stainless-steel Bosch appliances, and large balconies with full height glazing to allow natural light and air to flow.
It is only a five-minute walk to the Cannon Hill train station.