Located on the first floor of On The Bay apartments with views to the Passage from your private balcony, sits this modern and spacious apartment.

Currently rented until October 2020 under the NRAS (National Rental Affordability Scheme) with 2 years left on the scheme, this is a great opportunity to invest now and perhaps move in later.

Less than 10 years old, the complex offers elevator access to all levels, secure intercom access to the building, security gate access to under croft parking and a 10m salt water pool with spa ledge and an on-site manager.

Apartment features include:
andbull; 2 bedrooms both with built-in robes and sliding doors to balcony
andbull; En suite to master bedroom
andbull; Full size main bathroom
andbull; Large open plan living and dining area
andbull; Generous size wrap around balcony
andbull; Split system air conditioning
andbull; European style laundry

The Figures:
Current rent: $287.20 per week (20% below market rate)
Administration Fund Levy: $1,195.96 per quarter
Sinking Fund Levy: $ 435.75 per quarter
Balance of Sinking Fund: $156,508.25 (as at 30/11/18)

Call Kris or Nikki to arrange your inspection.