Located less than 500 meters from the city beach and within walking distance to the CBD this 2 bedroom unit is an ideal investment for the smart buyer. All 15 of the units in this complex are continuously rented or if vacant are snapped up pretty quickly. At a current rental availability of less than 1% across the whole of the city, rentals are at a premium. This unit it currently tenanted until early June at $350 per week with a high probability the rent review will result in a rent increase.
Strata fees are less than $500.00 per quarter and that includes the reserve levy. Make the call to find out more. Contact exclusive agent Mike Paterson on 0408 953 962 today.
Council rates – $1,900 approx per annum
Water rates – $1,295.00 approx per annum
Strata levies – $423.58 per quarter