5.4% Gross Rental Yield - Great 1 bedroom Investment Property in prime location

This is an opportunity to secure a great 1 bedroom apartment as an investment property or for first home buyer.

A quality apartment by Billbergia Group in Wentworth Point Marinas, this 1 bedroom apartment features quality inclusions.

* 1 bedroom with built-in wardrobes
* 1 bathroom
* Airconditioning
* Modern kitchen with stone benchtop, gas cooking appliances, and dishwasher.
* Internal laundry
* Security building with lift access & video intercom
* 1 security car space

Currently leased to great tenant for $590 per week (lease expiry 10 April 2024) - over 5.4% gross rental yield. This property presents a wonderful opportunity to further increase on it's potential return.

This apartment complex is well managed and in a great location - just across from Marina Square shopping centre and close to pedestrian bridge with direct connection to Rhodes train station. Moments to the waters of Homebush Bay, Waterfront Promenades, positioned close to transport links to Sydney CBD, Parramatta and Macquarie Park. Short walk to shops, parks, schools and ferry wharf .

ESTIMATED OUTGOINGS:
Council: $303.50 pq approx

Water: $160.18 pq approx

Strata: $808.95 pq approx

Apartment (incl. balconies) Size: 64SQM + 17sqm Garage + 3sqm Storage Cage (total 84 sqm on title)

For more information or to arrange an inspection, please contact Yvonne Wong on 0488388081.

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Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.

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