A practical, low-maintenance unit in an established Kalimna complex, offering immediate rental income or the flexibility to occupy in the future.
The Investment
Currently returning $350 per week, the property has a reliable tenant on a periodic lease who is happy to remain long-term. The complex comprises just 10 units, with owners corporation fees of approximately $650 annually.
The Home
Built in 1996, this brick veneer unit offers two bedrooms with built-in robes, an open-plan living and dining area, and a functional kitchen.
The north-facing living area and bedroom overlook a private, fully fenced courtyard. Additional features include a bathroom with separate bath and shower, separate laundry, reverse-cycle air conditioning, single carport and adjoining workshop.
The Opportunity
Just minutes from Lakes Entrance, the property is a straightforward option for investors, downsizers or buyers seeking a manageable home in a convenient coastal location.
*Some photographs have been digitally altered to protect the current renter's privacy. Every effort has been made to ensure the images accurately represent the property; however, no guarantee is given as to their accuracy. Prospective purchasers should rely on their own inspections and enquiries.