



Looking for an affordable investment with a tenant already in place? This could be the opportunity you've been waiting for! Currently rented to a long-term tenant at $320 per week, this fabulous studio apartment offers an affordable entry into the investment market, with an attractive rental return for the purchase price. WHY THIS PROPERTY DESERVES YOUR ATTENTION Spacious studio design: Extra-high ceilings create a light, bright and inviting atmosphere, delivering a wonderful sense of space. Impressive on-site facilities: Generous entertaining areas and a stunning, oversized inground swimming pool. Convenient location: Close to Eastside Village at Gumdale, with cafés, IGA, a tavern and specialty shops nearby. Enjoy the lifestyle: The beautiful Manly foreshore and Wellington Point are within easy reach for weekend outings. THE INVESTMENT NUMBERS Purchase price: $235,000 Current rental income: $320 per week Annual rental income: $16,640 Indicative gross rental yield: 7.08% per annum Whether you're a first-time investor or looking to expand your portfolio, this affordable studio is well worth inspecting. NEW PRICE — OFFERS CLOSING NEXT WEEK! Contact us today to arrange an inspection and request the disclosure statement.
Email enquiry to Tim Altass - MORNINGSIDE
Property ID: 152433292
Original Property ID: 152433292