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As a homeowner, you're always looking for smart investments that will provide a good return. That's why you won't want to miss out on this incredible opportunity! This spacious 80sqm apartment with two bedrooms, double balconies, and double car parks is a real cash cow waiting to be milked.
With stunning sea views and a prime downtown location near supermarkets, restaurants, and cafes, this property is a dream come true. And the best part? It's currently under-rent, with the existing tenant paying only $730 per week for the last year. But with a market rental appraisal of $850 per week to $950 per week, you could increase your income significantly.
Even at a conservative estimate of $900 per week less costs, you could expect double-digit net returns. The apartment includes a study and a bathroom, and comes with the added benefit of being fully furnished. And with current ground rent and OPEX costs of approximately $32k per year, purchasing this apartment is still cheaper than all the freehold two bedroom apartments with car parks in the CBD & across the road!
This is the perfect opportunity for you to diversify your investment portfolio and take advantage of a property that's already generating income or live in it yourself with a view for peanuts! So don't hesitate - come see it for yourself and start reaping the benefits. This is not a drill - it's the real deal that you've been waiting for.