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This spacious loft, ideally situated in the heart of the city opposite the Broadway Shopping Centre, makes a perfect choice for investors and students alike. In close proximity to major educational institutions like UTS, Sydney University, Notre Dame University, and TAFE, it offers easy access and convenience.
-Styled as a loft-style apartment, it promises potential rental earnings of $500 per week
- Can generate a net return of 5%-5.5% after deducting water, council, and strata fees
-The loft is fully furnished, including a bed, wardrobe, TV, study table with chair, and a comfortable lounge
-The bathroom comes equipped with a shower, vanity, and toilet
-Each floor features coin-operated laundry facilities and a shared kitchen for your convenience
-Benefit from the convenience of an on-site building management and 24-hour security services
-A prime, central location that brings Universities, shops, restaurants, and public transport within an arm's reach
Outgoings:
Strata levies: $3,227p/q
Council rates: $255 p/q
Water rates: $178p/q