UNIT INVESTMENT OPPORTUNITY - CENTRALLY LOCATED CLOSE TO CITY

This solid ground floor unit is located in a convenient spot just a few minutes away from major shopping centres, schools, and public transport. Featuring two bedrooms both with mirrored wardrobes, and new carpet, and a tiled open plan living area; share laundry in the complex. The main bedroom is large and leads out to the pool area, providing a tranquil escape from the hustle and bustle of daily life. With easy access to the undercover car park, ground floor living couldn’t be more convenient. This unit is part of a small complex of only 8 apartments, making it an attractive investment option. The CBD is a short 2.7km away. Currently rented for $290 per week, the rent will increase to $300p.w in September 2023, and there is a lease in place until March 2024.
Rental appraisal is: $350p.w.
The body corporate fees are $3,123 per year, with a 20% discount for prompt payment, bringing the fees down to $2,498 per year.
The council rates are: $2,759 per year.
*Please note some images have been digitally staged.

Property ID: 1272683