Prime Investment Opportunity or Entry-level apartment in Inner City Location
Discover the perfect investment gem nestled in a sought-after inner-city location! This stylish two-bedroom apartment presents an exceptional opportunity for savvy investors seeking a lucrative addition to their portfolio. With the potential to achieve a return of over 5% and low body corporate fees of less than $2,000 per annum, this property offers a compelling investment proposition. Additionally, it appeals to entry-level buyers looking to secure their own pad in the popular Norman Park area. Investing is all about location, and this apartment delivers on that front! Situated in the heart of Poet's Corner, it offers unbeatable convenience and connectivity to the CBD, local schools, and the vibrant café and river lifestyle of Hawthorne and Bulimba precinct. The Norman Park State School catchment, along with its family-friendly location, adds to its appeal. Enjoy the ease of walking to nearby bus, train, and ferry services, allowing for seamless commuting and exploring the surrounding areas. This brick apartment block comprises only eight units, ensuring a sense of exclusivity and privacy. The property features a single garage, providing secure parking, and is meticulously maintained, offering a neat and tidy living space. With a rental appraisal of $450 per week, this apartment boasts strong rental potential. Its low body corporate fees make it an attractive investment proposition, maximizing your returns. Currently tenanted, with the lease expiring in August 2023, this property offers immediate income generation. Benefit from its prime location and return on investment. Capitalize on the robust rental demand and enjoy a reliable income stream, along with the potential for long-term capital growth. This apartment is tailor-made for astute investors looking to secure their financial future. Don't miss out on this incredible opportunity! Contact us today to arrange a viewing and take the first step towards seizing this investment gem.
