This Three-Bedroom, Two Bathroom, Double Carspace "Terralong Terrace Serviced Apartment" (NOT a permanent residential apartment ) It is an IDEAL Investment Apartment and is located in the Heart of Kiama's VIBRANT township. It is in a HIGHLY DESIRABLE in town position - with an ideal all year round location. Positioned ideally to the NORTHERN end of this complex. This Apartment is HIGHLY SOUGHT AFTER and has a spacious Balcony and a Wonderful Aspect. You can sit back and relax on the Balcony or stroll out to the Main Street when you desire and experience all of the regular seaside attractions as well as the Cafe Precinct , Restaurants, Shops, Weekly Farmers Markets, Park's and Reserves with Black Beach the Iconic Lighthouse and Surf Beach being also so conveniently close by.
Gross Returns Approximately as Declared By Owners for the following years :
2025 - $35,733.00
2024 - $40,906.00
2023 - $44,818.00
Outgoings Approximately :
Council Rates - $1,818.00 PA
Strata Rates - $1,968.25 PQ
LOTS to LOVE:
*Popular and Top Ranking Short-Stay Tourist and Visitor Accommodation.
*Location, Location in town position.
*Top Floor Position with Highly Desirable Northern Aspect.
*Stress-Free Investment with Onsite Management and Consistent Returns via Pooled Letting Arrangement (well managed)
*50% Off Discount Periods Available to Owners if staying.
*Close to Kiama Train Station and transport.
*Comes as a Fully Furnished Apartment.
*Oversized Balcony and Undercover Private Relaxation Area.
*Large Open Plan Apartment with three Bedrooms all with Built ins, main with WIR.
*Carpeted and Tiled flooring throughout.
*Well Sized Bathroom and Ensuite.
*Large Laundry Room.
*Resort Style with Common Area Swimming Pool.
*Contemporary Fittings and Fixtures.
*Large Kitchen with Servery.
*Large Undercover Parking with 2 Carspaces and with Bonus Lockable Storage Room and MORE.
Contact Robert Perea on 0411 564 101 or email him at robert.perea@kiama.rh.com.au
Raine & Horne Kiama makes no statement, representation or warranty and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only for marketing purposes.
