This "Studio Room" is an INVESTMENT ONLY - NOT a residential property and is located in the Heart of Kiama's vibrant township. (SOLID OWNER DECLARED Financials available on Request) It has an on point in town position - with an ideal all year round location. Situated ideally to the Northern Aspect and with Views. This Studio has a sought after LOCATION in this Boutique Complex. You can sit back relax or stroll down to Penny Whistlers or Yves Bar and Restaurant and then over to the Main Street when you desire and experience all of the regular seaside attractions as well as the Cafe Precinct ,the Restaurants, Shops, Weekly Farmers Markets, Park's and Reserves with the Harbour, Black Beach the Iconic Lighthouse, Surf Beach and Transport being also so conveniently close by. This tasteful and well presented Studio, has a Lovely open plan layout and is suitable for holidays or as an investment property (SELF MANAGE AS it is Currently or move over to the SEBEL pooled management)
OUTGOINGS :
Council Rates -$1683.06 PA (approximately)
Water Rates - $781.54 PA (approximately)
Strata Fees - $4,954.07 PA (approximately) - INCLUDES electricity usuage to the studio.
RETURNS: (as declared by OWNERS)
1st JULY 2025 to 30th JUNE 2026 - $56,855.88 GROSS.
1st JULY 2024 to 30th JUNE 2025 - $53,016.46 GROSS.
1st JULY 2023 to 30th JUNE 2024 - $49,776.32 GROSS.
What YOU WILL LOVE:
*Very Popular and Guest Ranked Short-Stay Accommodation.
*GROUND FLOOR STUDIO with leafy private courtyard.
*SELF MANAGED for BEST RETURNS - GREAT RETURNS.
*Comes as a Fully Furnished Studio (Fit out to a GOOD standard)
*A Desirable NORTH Eastern Aspect with PRIVATE COURTYARD with SLIDING DOOR ACCESS with LOUVERED WINDOWS for coastal breezes and ventilation.
*VIEWS over GARDENS and out to HARBOUR and HEADLAND.
*AN Open Plan Disabled Friendly Studio.
*Carpeted and Tiled flooring throughout.
*Modern Large bathroom.
*Contemporary Fittings and Fixtures.
*Wet Bar.
*Split System Air-conditioning.
*Large Undercover Carspace.
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.
