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$620,000 to $650,000
Phone enquiries - please quote property ID 16677
Incredibly well located property ideal for investment with very high rental demand and strong yield in excess of 5%. Very spacious main bedroom with built-ins, flowing open plan living area and huge bathroom. Pet friendly building, extemely easy to rent due to to location.
This apartment is a bargain selling BELOW median price and generating ABOVE median rental. The building is constantly being improved with new foyer and roof deck later this year which will increase the value further.
THE LOCATION
- Conveniently located in the heart of Surry Hills next to Chinatown, Central Station, UTS and Hyde Park.
- Central train station is only a few minutes walk from the apartment.
- Sydney CBD is just 5-6 minutes walk.
- Bus stop to/from Sydney CBD is literally in front of the apartment.
THE APARTMENT
- 2 bedrooms with built-in wardrobes in both bedrooms.
- Very spacious bathroom with bath tub and internal laundry
- Very easy to rent apartment due to location with growing rentals in the buildings and very strong capital growth over the last 5 years
- Lots of natural light and reverse cycle air conditioning.
- Apartment is newly renovated - freshly painted and new floorboards.
- Impressive views of the city skyline
- Kitchen is equipped with a stove, a great oven, dishwasher and microwave.
- Many excellent cafes and restaurants in the area - Supermarket and 24/7 gyms just around the corner
- Security building
- Street Parking from Council Approved
This apartment is excellent for investors looking for high rental yields and will continue to appreciate as there are many improvements scheduled for the building as well as owner occupiers looking for an inner city lifestyle. Normally rented out at $650 pw, can be even higher if partly or fully furnished.
Inspections this Wednesday at 6:30-7pm and Saturday 10:30-11am.
Auction 28th of May 2016
Suite 1A, 608 Hawthorn Road, Brighton East VIC 3187
Call No Agent Property on
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