A fantastic opportunity for those looking to enter the property market, or to attain a positively geared investment with minimal outlay!
Centrally located on a large corner block with genuine development opportunity, this studio apartment offers a great ROI and is priced to sell!
- Current Rental Income - $19,800 p.a.
- Current Strata Fees - $2,430 p.a.
With a bright, northern aspect and kitchen and bathroom both in very good condition, this fully furnished studio apartment offers a spacious layout. The property has a proven history of solid returns and extremely low vacancy. It is currently tenanted for $380 per week, meaning returns from day one!
Features include:
- Air Conditioning
- Fully furnished
- Close to shops, cafes, bus, parks and the iconic Kangaroo Point cliffs
- On-site laundry facilities
- One car space
- Genuine potential for future development
- Tenant already in place
Contact Lindsay Brown on 0410 285 581 to enquire today!
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 4 | 1 | -m2 | 2024 11 18 | $1,630,000 | Council approved | |
 | 0.19 km | 2 | 2 | 101m2 | 2024 10 30 | $820,000 | Council approved | |
 | 0.12 km | 1 | 1 | 54m2 | 2024 10 28 | - | Council approved | |
 | 0.18 km | 2 | 2 | -m2 | 2024 10 24 | $670,000 | Council approved | |
 | 0.11 km | 6 | 4 | -m2 | 2024 10 16 | $2,400,000 | Council approved |