Only footsteps from the amazing Nightcliff foreshore this studio is a great way to get your foot in the door of the property market, or to add another one to your portfolio. The foreshore has over 4km’s of parks, walking paths, pool, cafe and a jetty and has arguably the worlds best sunsets, why wouldn’t you want to live here? There is also a shopping complex only a few hundred meters down the road with a super market, fish and chips shop, a restaurant and some specialty shops.
The location is ideal for owner occupiers and tenants a like. This property could be cash flow positive from day one depending on your financial arrangements. Tenants are always seeking out stunning locations such as this one, and with rents rising the entry level properties are renting very quickly.
Features include:
* Fully tiled through out
* Full sized cook top with oven
* Small balcony that is shaded in the evenings
* Pool in the complex
* Plenty of parking
* Air-conditioning
* Roof top views of the water.
The complex includes a communal pool which is a great size, and the parking is behind a secure gate. There is also a rooftop seating area that has views of the ocean. This property is a bargain and won’t last long.
Area under title: 48m (approx)
Body Corporate Manager: Elite Strata Management
Body Corporate Fees: $960.88 (approx) per quarter
Council Rates: $1,550 (approx) per year
Easements: Nil on title
Status: Lease in place until November 2022
Rent: $250 per week