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July 2015

To Whom It May Concern,

RENTAL APPRAISAL: “Folkstone Apartments” Bowen Hills With regard to current market conditions, Tessa Residential has appraised the properties below 1 Bedroom, 1 Bathroom, 1 Car - $410 - $430 per week 2 Bedrooms, 2 Bathroom, 1 Car - $550 – $570 per week 3 Bedrooms, 2 bathrooms, 1 car – $600 - $620 per week 3 Bedrooms, 2 Bathrooms, 2 Cars – $650 - $680 per week Your rental appraisal was calculated after researching property comparisons, market conditions and taking into account the current apartment demand. It is in my option that your property will achieve the above rent returns. Should you have any questions relating to the information contained within this document please feel free to contact me on the details below. Thank you for the opportunity to assess your property and for considering the services of our office. We look forward to working with you soon.


Sam Kelso Director M: 0433 338 925 E:

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