This red-brick block is the definition of a "set-and-forget" investment. Purpose-built for longevity, it delivers reliable returns with minimal ongoing expense, running costs remain low while rental yields stay strong from stable tenants.
Each two-bedroom apartment offers generous interiors plus undercover parking-features that enhance long-term tenant demand. The property's quiet yet supremely convenient location ensures sustained capital growth, with Eastern Suburbs beaches and lifestyle amenities only moments away.
Opportunities to secure a full block of strata apartments in such a tightly held location are rare. This is a bulletproof addition to any portfolio: dependable, income-generating, and positioned for continued growth.
• Solid, low-maintenance asset comprising five sizable two-bedroom strata apartments
• High-demand position on level easy to maintain land
• Four out of five apartments recently renovated & currently leased, delivering strong rental returns
• Each apartment includes undercover parking & internal laundry.
• Quiet tree-lined cul-de-sac close to The Spot, Ritz Theatre, cafes, restaurants, beaches, shops, schools, transport, parks & Light Rail
• Ideal for a self-managed super fund
Disclaimer: Raine & Horne Randwick | Coogee | Clovelly has no reason to doubt the accuracy of the property information provided. We request that at all times you inspect the property as well as make and rely upon your own enquiries. Some images may have been virtually styled or altered to remove personal items for illustrative and privacy reasons.
