This two-bedroom, one-bathroom apartment sits on the third level of a boutique complex of just eight, giving it a sense of exclusivity along with plenty of privacy. Light and airy throughout, it enjoys an elevated outlook that enhances the feeling of space. Built in 1993 on an approximately 1,200m2 corner block, it combines character, convenience and low-maintenance living.
The large kitchen forms the heart of the home and flows into an open-plan living and dining area, perfect for both entertaining and everyday comfort. Timber floating floors add a warm touch, while the original bathroom includes a shower over bath and an internal French laundry for ease of use.
Downstairs, the oversized lock-up garage is a standout feature, offering secure parking with extra storage space that's rarely found in apartment living.
The complex itself is well managed, with a strong body corporate and recent external rendering that has given the building a fresh, modern feel.
This property is ideal for both investors and home buyers. Its position in Gordon Park offers easy access to the CBD, tunnel network and public transport, along with nearby schools, cafés and lifestyle precincts that make the suburb so highly sought after.
Investment details
• Lease dates: 20/12/2024 - 17/01/2026
• Current rent: $450 per week
• Last rent increase: 18/01/2025
• Current conservative rental appraisal: $565-$600 per week
Outgoings
• Body Corporate - Admin Fund (per quarter): Approx. $1,300.00
• Body Corporate - Sinking Fund (per quarter): Approx. $222.46
• Sinking Fund Balance (as at 31 July 2025): Approx. $80,171.92
• Combined Water & Sewer (per quarter): Approx. $317.85
• BCC Rates (per quarter): Approx. $548.82
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