70/2 Minnamurra Street

Kiama NSW 2533

Studio

Currently for sale - view listing

Overview

Investment Studio in CENTRAL KIAMA with BALCONY and VIEWS.

"This Studio" (Room 319) is an Investment and is located in the Heart of Kiama's vibrant township. It has an in town position - with an ideal all year round location. Situated ideally on LEVEL 3 TOP FLOOR with VIEWS to Harbour. This studio has a sought after and a Highly Desirable Northern Aspect. You can relax on the Balcony and feel the ocean breeze, take in the views and stroll over to the Main Street when you desire and experience all of the regular seaside attractions as well as the Cafe Precinct, the Restaurants, Shops, Weekly Farmers Markets, Park's and Reserves with Black Beach the Iconic Lighthouse, Surf Beach and Transport being also so conveniently close by. This tasteful and immaculate Studio, has a Lovely Desirable open plan layout and is suitable for Holiday or as an Investment Property. Although NOT Zoned as permanent residential property, it is so affordable as an entry level investment property in KIAMA. As Declared by Owners ; 2023 Return Gross $ 24,866.00 (approximately) 2024 Returns Gross $ 26,782.00 (approximately) 2025 Return Gross $19,227.00 (approximately) Outgoings : Strata : $1,573.10 per quarter (approximately - includes electricity usage) Water : $693.16 per annum (approximately) Council Rates : $1,377.28 per annum (approximately) What you will LOVE: *Very Popular and Guest Ranked Short-Stay Accommodation. * VIEWS to Harbour. * Self Managed Currently by owners or you can have it managed by the Sebel as a Pooled Fund Investment. *Comes as a Fully Furnished Studio to a VERY HIGH STANDARD. *A Desirable Northern Aspect with BALCONY access from the studio. *Open Plan Disabled Friendly Studio. *Carpeted and Tiled flooring throughout. *Modern Large bathroom. *Contemporary Fittings and Fixtures. *Wet Bar / Kitchen with Servery. *Split System Air-conditioning. *Quality Curtains and Window Coverings. *Undercover Carspace and so much more. Contact Robert Perea on 0411 564 101 or email him at robert.perea@kiama.rh.com.au Raine & Horne Kiama makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only for marketing purposes.