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A Sensational investment offering!
This quiet studio apartment has views to the harbour and offers attractive investment possibilities.
Located within the Park Regis complex, and the rear of the building and in the heart of Cremorne, this property is ideally positioned for those wanting a flexible investment to chase stronger returns.
Whilst enjoying guaranteed rent for the next year, this apartment is zoned to accommodate holiday letting, AirBnB, shorter term stays or long term tenancies after that.
The strata apartment would also make a savvy city base with security parking on title.
• Rent return $1,825per month
• Fully equipped studio Apartment with upgraded furniture, fittings, and appliances
• Lift access to parking
• Galley kitchen with dishdrawer dishwasher, bar fridge and laundry within the bathroom.
• 3rd floor position with quiet outlook over the district to the harbour
• Smart presentation, air conditioning and sliding doors to a juliette balcony
• Ideally positioned in the heart of Cremorne and only steps to the Orpheum Picture theatre, restaurants, and wine bars. Supermarket, and a selection of shops directly under the building and transport and nightlife directly at the front door!
Inspect: By appointment
Details: Lorinda Mansfield 0438 665 774
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 41 |
Average Price | $4,706,244 |
Median Price | $4,000,000 |
Median Rental Price | $1450 p.w. |
Change in Rental Rate (5yr) | 38 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 240 |
Average Price | $1,464,330 |
Median Price | $1,332,500 |
Median Rental Price | $750 p.w. |
Change in Rental Rate (5yr) | 15 % |