Investor Alert: High-Yield City Fringe Gem - Don't Miss Out!
The market is heating up, and this stunning two-bedroom apartment offers an incredible opportunity for investors and owner-occupiers alike. With a gross rental yield of approximately 6.2% and currently rented at $450 per week until 5 April 2025, rents are set to increase at the end of the lease, making this property even more appealing.
Set on the third floor of a quiet, well-maintained complex, the apartment features:
-Modern kitchen with granite benchtops and quality appliances -Spacious open-plan living extending to a private balcony with leafy city and water views -Two generous bedrooms, both with built-in robes, including a master with ensuite -Fully tiled and air-conditioned for low-maintenance comfort -Lift access and two secure car spaces behind a remote gate -Small store room, located in the carpark
Located just steps from the CBD, Mindil Beach, Cullen Bay, and local conveniences, this property offers unbeatable lifestyle appeal for tenants and owner-occupiers. With the rental market tightening and demand soaring, competition for city-fringe apartments like this is fierce.
Don't wait - arrange your inspection today before this gem is gone!
For more property details including Body Corp and Rental Appraisal, text 16MIN to 0488 810 057
The Finer Details: Council Rates: Approx. $2041 per annum Area Under Title: 128 sqm Year Built: 1998 Zoning: CB (Central Business) Status: Currently Tenanted 5/04/2025 Rental Estimate: Coming Soon! Body Corporate: Whittles Body Corporate Levies: Approx. $1,087 per quarter (Yes, these are correct) Building Report: Available on request Pest Report: Available on request Settlement period: 45 days or on variation on request Deposit: 10% or variation on request Easements as per title: None found
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