Enquiries over $295,000
Good return - look here!
Previously rented at $450 per week, with a current rental appraisal included in the information pack, this is an opportunity to secure an investment with proven performance and the flexibility to set your own rent. At this price point, it's becoming increasingly difficult to find a centrally located investment offering an estimated return of over 8%, making this an affordable entry into the property market with impressive income potential.
Positioned in a superb central location, this well-presented ground-floor, one-bedroom apartment offers an easy-care lifestyle with no stairs and minimal upkeep. It features a heat pump, partial double glazing, and is Healthy Homes compliant, giving investors' confidence and tenants the warmth, safety, and comfort they expect. While there is no dedicated off-street parking, street parking is readily available. With shops, cafés, public transport, and the city centre all within walking distance, you'll rarely need a vehicle. This sought-after location consistently attracts a wide pool of tenants, helping to minimise vacancy and providing confidence in the property's long-term investment appeal.
Many of the furnishings are included in the sale, allowing you to start generating income or move in with ease from day one. Whether you're expanding your investment portfolio, searching for a lock-and-leave base, or considering a short-term accommodation opportunity such as Airbnb, this property offers exceptional flexibility with very little ongoing maintenance.
Affordable central-city investment opportunities with proven rental history and returns exceeding 8% are becoming increasingly scarce. If you've been waiting for a property that combines strong returns, low maintenance, and an unbeatable location, this is one you'll want to act on quickly. Don't miss your opportunity to secure a smart investment with lasting appeal.