Foreign vendor, circumstances have changed, we will meet the market!
This apartment doesn't have a "wow" factor, but let's talk facts - its freehold at approx. 53sqm, located in a hot new area of the city surrounded by the Sugar-tree community projects.
The property has been rented out to the same tenants for many years on a fixed-term lease - guaranteed income at $495 p/w. Low body corporate and attractive price at approximately $6,800 per sqm. with a net return of over 6%!
The major remedial works have been completed and settled with the council, stage two of the remedial project (the podiums and entrance walkways behind units) has been estimated and forecasted. This is the right time to buy!
Easy viewing access, contact us for the detailed information pack.