What You Get:
An alluring one bedroom apartment situated in the middle of Carnegie. This property ticks all the boxes for first home buyers and investors alike. Only minutes to Carnegie Train Station and Glen Huntly Road trams, Koornang Road’s cafes and restaurants, Koornang park and all this high growth corridor has to offer.
Offering: A fantastic sized kitchen, open plan to meals area/living room, leading to a private rear courtyard which is ideal for entertaining. Electric oven, gas cooktop, split system air-conditioner/heating, bathroom and laundry.
Currently leased on a periodic tenancy with a rental return of $1,217.00pcm. Leased by the same tenant since 2007.
The apartment is in good condition although at some stage you could easily enhance the value with some styling touches.
|R&H Suburb Summary||Houses|
|Number of sales||73|
|Median Rental Price||$598 p.w.|
|Change in Rental Rate (5yr)||15 %|
|R&H Suburb Summary||Units|
|Number of sales||144|
|Median Rental Price||$420 p.w.|
|Change in Rental Rate (5yr)||20 %|