This is a must have for any astute investor seeking to secure a superb apartment in the heart of Wollongong, this property is sighted in a young market with plenty of capital growth yet to acquire. Being a brand new building there will next to none in maintenance with very little annual outgoing costs associated with the property.
It offers a well designed layout and is set within a secure new near complex, walking distance from the beach, shops, buses and the train station. - Open living and dining from the north facing aspect which has access to the entertaining balcony - Sleek kitchen with stainless gas appliances and dishwasher - Bedroom has built-in and balcony access, fully tiled bathroom - LED downlights, video intercom, European laundry with dryer - Single secure car space, gas bayonet, air conditioning, and NBN. Book your inspection and lets negotiate the next addition to your investment portfolio.
Currently Tenanted $420 per week
(tenant pays in advance by 3 months)
Annual yield on investment 3.32%
Strata Levies $706.60 per quarter
Council rates $362.10 per quarter
Water rates $200 per quarter
Internal Floor Plan 51 square metres
External Floor Plan 14 square metres
Set and forget, hassle free investment opportunity with growth.