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. $1,486.50 / quarter ($5,946 / annum)
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.