An outstanding investment opportunity delivering an exceptional 11.4% rental yield, secured by a corporate mining lease in place until 13/05/2026, likely to be renewed for a further 12 months. This high-performing asset delivers strong, reliable cash flow and long-term stability in a proven and highly sought-after rental market. This is a high-performing asset offering strong cash flow and long-term stability in a proven rental market.
Outgoings are transparent and easy to manage, with council rates of $1,720.53 every six months and body corporate fees of $1,165.65 every six months. The property is further supported by a sinking fund of $194,184.09, providing assurance that future maintenance and capital works are well catered for and offering investors added confidence and peace of mind.
The property itself is a beautifully presented, fully furnished, modern one-bedroom apartment, designed for low-maintenance living and strong tenant appeal. The open-plan kitchen and living area is both functional and stylish, featuring stone benchtops, quality appliances, dishwasher and a striking tiled splashback.
The generously sized bedroom includes built-in wardrobes, ceiling fan, split-system air conditioning and a well-appointed two-way ensuite bathroom. Flowing seamlessly from the bedroom is a private balcony, creating a sense of space and an inviting area to relax.
Positioned right in the centre of town, the location is unbeatable - Coles Shopping Centre directly across the road and within easy walking distance to restaurants, pubs and all essential amenities, ensuring ongoing demand from corporate and professional tenants.
A high-performing, low-maintenance investment with secure returns, a quality corporate tenant and minimal vacancy exposure.
PROPERTY FEATURES:
• Fully furnished, modern apartment
• Spacious bedroom with built-in wardrobe
• Open-plan kitchen and living
• Modern kitchen with dishwasher and stone benchtops
• Two-way ensuite bathroom
• Private balcony
• Split-system air conditioning
• Ceiling fans throughout
• Separate, tucked-away laundry
• Tiled living areas with carpeted bedroom
• Single undercover carport
• Low-maintenance investment
• Walking distance to all amenities
📞 Contact Annemarie at AH Realty on 0408 754 480 or 07 4941 7551 to arrange your private inspection or personalised video walk-through.
