Positioned within the highly sought-after Australia Towers development, this stylish one-bedroom apartment presents an outstanding opportunity for investors seeking strong rental returns combined with an exceptional lifestyle location.
Currently leased at $650 per week, the apartment generates $33,800 in annual rental income, equating to an impressive approximately 6.27% gross rental yield based on the $539,000 purchase price - a compelling return for investors seeking an income-producing asset.
Beyond its strong investment fundamentals, the property enjoys an enviable position in the heart of Sydney Olympic Park, surrounded by expansive parklands, kilometres of walking and cycling tracks, cafés, restaurants, world-class sporting facilities and excellent transport connections.
Designed for modern living, the apartment features a seamless open-plan layout extending from the contemporary kitchen into a light-filled living and dining area, complemented by an enclosed winter balcony with floor-to-ceiling windows for comfortable year-round enjoyment.
Features include:
$650 per week current rental income
Approximately 6.27% gross rental yield at $539,000
$33,800 approximate annual rental income
Sleek chef-style kitchen with gas cooking and dishwasher
Light-filled open-plan living and dining area
Enclosed winter balcony with floor-to-ceiling windows
Spacious bedroom with built-in wardrobe
Stylish bathroom with internal laundry
Air conditioning for year-round comfort
Secure building with dual lift access
Excellent transport options, including train, light rail and future transport infrastructure
Just a 2-minute walk to Sydney Olympic Park train station, with an abundance of lifestyle amenities at your doorstep, this is a property that combines strong investment returns with outstanding lifestyle appeal.
An excellent opportunity for investors seeking an attractive rental yield, as well as first home buyers looking to secure a quality apartment in one of Sydney's most dynamic and connected precincts.
Disclaimer: The information contained herein has been prepared in good faith and is believed to be reliable; however, Raine & Horne Five Dock | Drummoyne makes no representation or warranty as to its accuracy or completeness. Interested parties should rely on their own enquiries and independent professional advice before making any purchasing decision. All photographs, floor plans, maps and images are for marketing purposes only and may include virtual furniture, digital enhancements or artist's impressions. Land dimensions and site areas are approximate only, provided as a guide, and should be independently verified by purchasers, including by survey where appropriate.
