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New news ! new lease in place - $700per week !!! 12 month lease. Yield? 10.43% Gross !! Seriously?
Rent is rising. How much? $700 per week very soon. Yield? 8.3% Gross. That's strong.
A big apartment right in the city. Views, 3- Bedrooms, wrap around verandah. Affordable.
Where?
Cavenagh Street, opposite “the cav”. Walk everywhere.
The Home…
Views and breezes. Located on the 6th floor, this apartment is the ideal breakaway from the bustle below. Located in a secure building with fob key and elevator access along with parking spaces, this is a great property for the owner occupier or investors alike.
Positioned at the end of the building affords this home offers natural light and cool sea breezes. A balcony wraps around 2 sides, offering city and sea views with cooler breezes. Inside is a large open plan living and dining area with tiled flooring and split A/C. the kitchen has wrap around counters with overhead storage space.
Down the hallway is the master bedroom suite with a built-in bathroom giving resort vibes – there is a corner bath / shower combo and a floating vanity along with a sep W/C that has two way access making it a great guest use option. The master suite also includes a sliding door to the balcony.
Additionally, there are 2 bedrooms each with tiled flooring and A/C – bedroom 2 has balcony access as well while bedroom 3 is tucked at the back of the apartment giving it more privacy. The master bedroom suite includes a corner bath / shower combo and a floating vanity with storage space. There is an internal laundry room behind doors to make everything seamless.
Take the elevator to the ground level and pop out on Cavanagh Street in the heart of the CBD to stroll to work or explore local cafes and restaurants.
Interested? We’re selling “as is” – furniture included. That’s a win!
The home is being sold via the easiest method in today’s market, and that’s simply come and have a chat to me, darren@central – it’ll just make sense.
Council Rates: $1,715 per annum (approx.)
Area Under Title: 146 square metres
Zoning Information: CB (Central Business)
Status: Tenanted at $700 per week, expiry August 2026
Body Corporate: Elite Strata Management
Body Corporate Levies: $4,100 per quarter (approx.)
Easements as per title: None found
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