Positioned in a well-maintained modern complex, this stylish one bedroom apartment presents an exceptional opportunity for first home buyers and investors seeking strong returns and long-term growth in a proven inner north location.
Currently leased on a month-to-month basis at $2,086 per calendar month, the property offers immediate income with flexibility, delivering an attractive gross rental yield of approximately 6.7% based on a $370,000 purchase.
Internally, the apartment is designed for low maintenance, practical living, featuring a well-appointed kitchen with quality appliances, open plan living and dining zone, and seamless access to a private balcony with elevated outlooks. The bedroom is generously proportioned and fitted with mirrored built-in robes, serviced by a sleek and modern bathroom.
This is an ideal acquisition for investors seeking a set-and-forget asset with strong rental demand, or first home buyers looking to secure an affordable entry point with the option to occupy in the future.