Yes, you did read correct. The strata costs for this fully renovated unit are possibly the cheapest you will find in town. Recently rented for $265 p/wk this would make an exceptional unit as an investment or live in yourself if preferred. Neat as a pin with new flooring, freshly painted, fully furnished and literally 2 mins walk to the bus stop, shopping centre or go live it up lying on the beach. It will be hard finding better value and the owner is set to sell.