3128/185 Broadway

Ultimo NSW 2007

52 m²

Apartment

Currently for sale - view listing

Overview

Unbeatable Broadway Location | High-Yield Investment or Ultimate Student/CBD Base

Unbeatable position, incredible convenient lifestyle, and astounding rental returnsthis modern studio apartment directly opposite Broadway Shopping Centre represents the ultimate inner-city investment or affordable home base. Yielding an impressive $700-$800 per week in rental income, this property delivers a rare, high-performing ~12.1% gross yield. Positioned in Sydney's highest-demand student and professional precinct, vacancies are virtually non-existent. Property Features: Unrivalled Location: Literally steps to UTS, Broadway Shopping Centre, Notre Dame, and a short stroll to Sydney University, Central Station, Chinatown & the CBD. Smart Layout: Modern studio design complete with a neat kitchenette, built-in storage, and functional living space. Secure & Convenient: Maintained complex featuring lift access, 24/7 security, and resident communal facilities. Turnkey Investment: Fully set up for immediate rental income with high, consistent tenant demand year-round. Financials & Outgoings (Approx.): Gross Return: Approx. 12.1% P.A. Strata Levies: Approx. $5,946 p/q Council Rates: Approx. $249 / quarter Water Rates: Approx. $211 / quarter Whether you are looking to supercharge your investment portfolio with immediate cash flow or seeking an ultra-affordable entry into the Sydney market, this is an opportunity not to be missed.