Positioned in a highly sought-after pocket of Newtown, this exceptional investment property offers the perfect blend of location, stability, and long-term return potential.
This well-maintained upper level unit features:
- 2 spacious bedrooms with built-in wardrobes
- 1 good sized bathroom
- Undercover car space
- Air-con in both bedrooms & lounge room
- Security screens on windows and doors
- Enjoy a lovely balcony ideal for entertaining and spending quality time with family and friends
An outstanding opportunity for savvy investors, the property is currently tenanted by long-term occupants on a secure lease until January 2027, providing immediate and reliable rental income from day one.
Set within a well-presented complex, the apartment is just minutes away from local shops, cafes, public transport, and essential amenities, making it a consistently desirable choice for tenants.
Key Features include:
- Proven rental performance with long-term tenants in place
- Low-maintenance investment in a blue-chip location
- Strong demand area ensuring ongoing rental appeal
- Ideal addition to any property portfolio
Current Rental appraisal: $480 per week for when the current lease ends
*Currently leased until the 30th January 2027 @ $430 per week.
*Body Corp fees $630 per quarter
*General rates: $1,341.01 net per half year after discount for paying on time.
*Water rates: $377.40 net per half year after discount for paying on time plus consumption.
Whether you're expanding your investment portfolio or securing your first income-producing property, this is an opportunity not to be missed.
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