Spacious and Secure One-Bedroom Apartment
Welcome to 63/4 Highfields Circuit, Port Macquarie—a spacious modern one-bedroom apartment positioned within a highly sought-after, security-gated complex.
Offering modern features, generous proportions and a convenient low-maintenance lifestyle, this property presents an attractive opportunity for investors seeking immediate rental income, first home buyers, downsizers, and everyone else too.
Being close to the Hospital and teaching Universities is a huge benefit for anyone working or studying close by.
The apartment features a stylish kitchen equipped with a dishwasher, electric cooktop and oven. The open-plan living and dining area includes air-conditioning and a ceiling fan, providing year-round comfort.
Cleverly designed storage spaces throughout the apartment help keep the home organised and uncluttered, while the dedicated study nook provides a practical area for working from home or studying.
The vendor has recently painted the flat, and has installed lovely shutters for privacy which is an bonus feature.
The living area opens onto a generous, sun-filled balcony, creating an inviting outdoor space for relaxing, entertaining or enjoying a morning coffee.
Situated on the top level of the complex, the apartment is easily accessible by lift. A designated car space provides secure and convenient parking, while the gated complex offers additional privacy and peace of mind.
The property is currently leased for $490 per week, providing annual gross rental income of approximately $25,480. Based on a purchase price of $360,000, this represents an attractive estimated gross rental yield of approximately 7.08% per annum.**.
Property Features
* Spacious one-bedroom apartment
* Current rental income of $490 per week
* Approximate gross rental yield of 7.08% at $360,000
* Modern kitchen with dishwasher
* Electric cooktop and oven
* Open-plan living and dining area
* Air-conditioning and ceiling fan
* Dedicated study nook
* Generous storage throughout
* Large, sun-filled balcony
* Top-level position
* Lift access
* Designated car space
* Secure gated complex
* Current tenant in place
With an established tenant, strong rental return and a convenient Port Macquarie location, this apartment represents an appealing addition to any investment portfolio or ideal for a first home buyer or young family or any other kind of property buyer.
Contact Craig Alexander @Atrealty on 0432718338 for further information or to arrange an inspection.
Disclaimer
**The estimated gross rental yield is calculated using current rent of $490 per week and a purchase price of $360,000. It does not account for strata levies, stamp duty, council rates, property-management fees, maintenance, vacancies, insurance, taxation or other ownership expenses. All information has been obtained from sources considered reliable; however, interested parties should make their own enquiries and obtain independent financial and legal advice. ** Disclaimer
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters @Atrealty, Craig Alexander and the Vendor give no warranty and make no representation as to the accuracy, completeness or correctness of any information provided regarding the property, which may be incomplete, omitted, misstated or inaccurate. All information is provided for general guidance only and must not be relied upon. Each prospective purchaser must undertake their own full due diligence, including all enquiries, inspections, searches, investigations and independent verification of every matter relating to the property, whether contained in this material or otherwise. Purchasers should obtain their own legal, financial, accounting, floorplan measurements, building and pest inspections, strata, and other professional advice. Any floorplan is indicative only and must be independently checked and confirmed by the purchaser, including by taking their own measurements. To the fullest extent permitted by law, @Atrealty, Craig Alexander and the Vendor exclude all liability in connection with the information provided. All information has been obtained from sources considered reliable; however, interested parties should make their own enquiries and obtain independent financial and legal advice.
